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6690 US Highway 98 8,335 SF 100% Leased Retail Building Hattiesburg, MS 39402 $1,836,688 CAD ($220.36 CAD/SF)
Investment Highlights
- Located along US Highway 98 West, a high-traffic commercial corridor in Hattiesburg.
- Partially leased under a NNN lease, offering immediate income potential.
- Convenient access to I-59, Turtle Creek Mall, and major area amenities.
- Includes 1.51 acres of land with opportunities for expansion or redevelopment.
- Flexible options available for sale, lease, or customized build-to-suit on remaining space.
- Positioned within a growing commercial and residential hub near Oak Grove and Bellevue.
Executive Summary
This freestanding retail building along Highway 98 West in Hattiesburg offers excellent exposure on a major commercial corridor. The property spans over 1.5 acres with an existing 8,335 SF masonry structure built in 1984. It is partially occupied under a NNN lease, providing stability while allowing flexibility for new ownership to sell, lease, or build-to-suit remaining space.
The site benefits from proximity to major regional anchors such as Turtle Creek Mall and easy connectivity to key highways, including US 98 and I-59. Its visibility and accessibility make it attractive for retail, service, or specialty users looking to serve the surrounding Oak Grove, Bellevue, and West Hattiesburg markets. Ownership is open to completing a 1031 Exchange transaction.
The site benefits from proximity to major regional anchors such as Turtle Creek Mall and easy connectivity to key highways, including US 98 and I-59. Its visibility and accessibility make it attractive for retail, service, or specialty users looking to serve the surrounding Oak Grove, Bellevue, and West Hattiesburg markets. Ownership is open to completing a 1031 Exchange transaction.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,335 SF
Building Class
B
Year Built
1984
Price
$1,836,688 CAD
Price Per SF
$220.36 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
1.51 AC
Parking
16 Spaces (2.69 Spaces per 1,000 SF Leased)
Frontage
371’ on U.S. 98
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 054B-17-016.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $96,534 CAD |
Property Taxes
Parcel Number
054B-17-016.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$96,534 CAD
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6690 US Highway 98
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