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635-645 Highway 1 S 31,503 SF 45% Leased Retail Building Greenville, MS 38701 $1,450,000 ($46.03/SF) 6.08% Cap Rate
Executive Summary
Introducing a retail investment opportunity at 633-645 Highway 1 S. This property spans 31,503 square feet and is anchored by three tenants: Beauty Supply, Nail Pro, and
Government Services. Currently 72% occupied with 8,742 SF available for lease at below-market rents. The shopping center is strategically located along a key commercial
corridor, ensuring visibility and accessibility. With its diverse tenant mix and prime location, the property is well-positioned to generate consistent customer traffic and deliver strong investment returns.
Government Services. Currently 72% occupied with 8,742 SF available for lease at below-market rents. The shopping center is strategically located along a key commercial
corridor, ensuring visibility and accessibility. With its diverse tenant mix and prime location, the property is well-positioned to generate consistent customer traffic and deliver strong investment returns.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
31,503 SF
Building Class
C
Year Built
1973
Price
$1,450,000
Price Per SF
$46.03
Cap Rate
6.08%
NOI
$88,101
Percent Leased
45%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
1.85 AC
Zoning
C - Commercial
Parking
77 Spaces (2.44 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Tenant Controlled HVAC
Space Availability
- Space
- Size
- Space Use
- Position
- Available
5,460 SF Retail Asking lease rate: $8.79 PSF base with $1.95 PSF NNN Total Rent of $4,886 per month Wide open area Loading door located in the back High visibility location along Highway 1 S Strong daily traffic and easy access
- 645 Highway 1 S
- 3,059 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 641 Highway 1 S | 5,460 SF | Retail | - | Now |
| 645 Highway 1 S | 3,059 SF | Retail | - | Now |
641 Highway 1 S
| Size |
| 5,460 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
645 Highway 1 S
| Size |
| 3,059 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
641 Highway 1 S
| Size | 5,460 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
5,460 SF Retail Asking lease rate: $8.79 PSF base with $1.95 PSF NNN Total Rent of $4,886 per month Wide open area Loading door located in the back High visibility location along Highway 1 S Strong daily traffic and easy access
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 478690000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $106,554 |
Property Taxes
Parcel Number
478690000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$106,554
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
635-645 Highway 1 S
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