GREATER HATTIESBURG, MISSISSIPPI

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1 DOWNTOWN RETAIL PROPERTIES GREATER HATTIESBURG, MISSISSIPPI

2 REV - MARCH 2018 CONTENT Downtown Hattiesburg Downtown Events Available Property Demographics 02 DOWNTOWN HATTIESBURG AREA DEVELOPMENT PARTNERSHIP

3 GREATER HATTIESBURG AT A GLANCE Greater Hattiesburg is home to a vibrant culture, diverse economy, high quality of life and a world of opportunity. Covering a three county area in South Mississippi, the Hattiesburg Metropolitan Statistical Area encompasses Forrest, Lamar and Perry Counties, with a population of nearly 150,000. Nicknamed the Hub City, Hattiesburg is centrally located between Jackson, MS, Gulfport/Biloxi, MS, New Orleans, LA and Mobile, AL, offering a mix of big city advantages and small town charm. RETAIL DEVELOPMENT AND PROJECT MANAGEMENT The economic development division at the Area Development Partnership (ADP) provides a comprehensive project management approach to retail development. This assistance is available to businesses of all sizes from small boutique stores to multinational corporations investing in restaurants and retail stores. Retail development assistance is available for all aspects of the development phase including but not limited to: overall market analysis, marketing trends, comparison studies, real estate selection, recommendations for construction services and other project needs, as well as assistance with all permitting needs. The project management team works closely with commercial realtors to stay abreast regarding available commercial buildings and greenfield sites. There are many key areas ready for increased retail development throughout Greater Hattiesburg. The Economic Development team at the Area Development Partnership is ready to help analyze these different areas, find suitable locations within each, and guide you through the start-up phase. If you are interested in Greater Hattiesburg, allow our Economic Development Division to go to work for you and help you get established in the marketplace at the right location in a timely fashion. CONTACT US Todd Jackson Executive Vice President of Economic Development t.jackson@theadp.com Chad Newell President c.newell@theadp.com The City of Hattiesburg ranks #2 in the state for total retail sales. (MDOR FY 2017) Hattiesburg has ranked in the top 50 for Restaurant Growth for the past five years. (Nielsen) Markus Simmons Project Manager m.simmons@theadp.com AREA DEVELOPMENT PARTNERSHIP DOWNTOWN HATTIESBURG 03

4 RETAIL COMPETITION main street 49 HARDY STREET FRONT STREET 2017 AVERAGE HOUSEHOLD INCOME $93,338 - $124,451 $62,226 - $93,337 $31,113 - $62,225 $0 to $31,112 TWIN FORKS 04 downtown HATTIESBURG AREA DEVELOPMENT PARTNERSHIP

5 DOWNTOWN HATTIESBURG main street 1,400 8,500 13,000 HARDY STREET 12,000 Front street 7,000 BAy street 5,100 6,804 POPULATION WITHIN 2.5 SQ MILES (ESRI 2017) AVERAGE HOUSEHOLD INCOME WITHIN 2.5 SQ MILES $51,854 (ESRI 2017) GREATER HATTIESBURG BOASTS OVER $3.1B IN RETAIL SALES (MDOR 2017) 3,453 HOUSING UNITS WITHIN 2.5 SQ MILES (ESRI 2017) 3 MILES FROM THE UNIVERSITY OF SOUTHERN MISSISSIPI AVERAGE AGE 33.9 (ESRI 2017) AREA DEVELOPMENT PARTNERSHIP MIDTOWN HATTIESBURG 05

6 Downtown EVENTS LIVE PLAY DINE SHOP 06 DOWNTOWN HATTIESBURG AREA DEVELOPMENT PARTNERSHIP

7 Downtown EVENTS AREA DEVELOPMENT PARTNERSHIP DOWNTOWN HATTIESBURG 07

8 AVAILABLE PROPERTY HARDY STREET A pine STREET B C front STREET MAIN STREET WALNUT STREET PROPERTY A 7,800 SQ. FT. 300 Hardy St 7,800 sq. ft. Ready for buildout Located at the entrance of Downtown Hattiesburg private owner Contact: Erik Lowrey Office: erik@eriklowreypa.com 08 downtown HATTIESBURG AREA DEVELOPMENT PARTNERSHIP

9 PROPERTY B 26,000+ SQ. FT West pine street 26,747 sq. ft. 6 store fronts with multiple offices 10 bathrooms Two large upstairs areas with separate entrances For sale: $189,900 dunbar real estate Contact: Michael Anderson Office: x 2 Cell: isellforu@comcast.net PROPERTY C 5,500 SQ. FT. 208 West pine street 5,500 sq. ft. Office space located under Geiger Lofts Renovated open plan with executive offices, kitchen facilities, exposed brick and natural light richton tie and timber Contact: Benjamin Stevens Office: Cell: bstevens@rttllc.com AREA DEVELOPMENT PARTNERSHIP downtown HATTIESBURG 09

10 AVAILABLE PROPERTY d e f pine STREET front STREET MAIN STREET HARDY STREET PROPERTY D 600-1,000 SQ. FT. C D 525 main street Suite C 1,000 sq. ft. $700/month Office space located on back side of building Space D 600 sq. ft. $500/month Office space located off of East Pine Street LONDON AND STETELMAN Contact: Stephen Stetelman Office: Cell: stephen@londonandstetelman.com 10 downtown HATTIESBURG AREA DEVELOPMENT PARTNERSHIP

11 PROPERTY E 2,150 SQ. FT. 501 N main street Suite 105 at the Carter Building 2,150 sq. ft. $2,150/month Needs build out SVN Southgate Realty Contact: Greg Brett Cell: gbrett@svn.com PROPERTY F 6,000 SQ. FT E FRONT STREET 6,000 sq. ft. with unfinished mezzanine $3,750/month For sale: $80+/- sq. ft. Parking lot behind building PRIVATE OWNER Contact: Larry Albert Phone: larry@albertassociates.com AREA DEVELOPMENT PARTNERSHIP downtown HATTIESBURG 11

12 AVAILABLE PROPERTY G H HARDY STREET pine STREET front STREET MAIN STREET WALNUT STREET PROPERTY G 1,750 SQ. FT. 207 E front street 1,750 sq. ft. $1,860/month Open floor plan 2 Full bathrooms (with showers) Great natural light Practically move-in ready SVN Southgate Realty Contact: Greg Brett Cell: gbrett@svn.com 12 downtown HATTIESBURG AREA DEVELOPMENT PARTNERSHIP

13 PROPERTY H 1,278 SQ. FT. 207 E front street - Suite 104 Live/Work Space 1,278 sq. ft. 550 sq. ft. work space Full Kitchen, bath and bedroom Patio Access $1275/monh + $93/month (taxes/insurance) SVN Southgate Realty Contact: Greg Brett Cell: gbrett@svn.com AREA DEVELOPMENT PARTNERSHIP downtown HATTIESBURG 13

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