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635-645 Highway 1 S 31,503 SF 45% Leased Retail Building Greenville, MS 38701 $2,032,798 CAD ($64.53 CAD/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. Stabilized cap rate over 10%
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. Stabilized cap rate over 10%
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
$2,032,798 CAD
Price Per SF
$64.53 CAD
Cap Rate
6.08%
NOI
$123,511 CAD
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 CAD |
| Land Assessment | $0 CAD | Total Assessment | $149,381 CAD |
Property Taxes
Parcel Number
478690000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$149,381 CAD
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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