5912 U.S. 49
Property Description
Available for ground lease, build-to-suit, or sale, these retail development pads provide users the opportunity to tap into the bustling Hattiesburg market at one of the most heavily trafficked interchanges. Located at the Cloverleaf Shopping Center, a major redevelopment effort is currently underway at the shopping center, anchored by the addition of new national tenants including CubeSmart and other big boxes. The introduction of these large-format users is expected to significantly increase traffic to the center and reinvigorate the property as a regional retail destination. As redevelopment progresses, these pad sites will benefit from renewed consumer activity, enhanced property improvements, and increased tenant demand within the immediate trade area. Given its location within an established retail node, the property offers an excellent opportunity for developers or national operators seeking pad-ready sites adjacent to strong anchor tenants. The site’s configuration and positioning within the shopping center parking field allow for flexible site planning, including drive-thru restaurant development, freestanding retail buildings, or complementary service- oriented uses. Cloverleaf was recently included as part of Hattiesburg's incentive zone known as Right Down Broadway. As a result, new development at this site has potential for tax abatements and other incentives.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $2,090,880 |
| Lot Size: | 3.00 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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