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RealINSIGHT Marketplace and Franklin Street are pleased to present Vicksburg Mall:
 
• Regional Mall Anchored by Belk & Dillard’s – Best in class department store anchors and only mall in 60 mile radius
• Strong Upside in Leasing Remaining Vacancy – Currently 86% occupied, with strong leasing momentum.
• Excellent Visibility – Signage on two major roads - I-20 (30,000 VPD) and Pemberton Blvd
• Tenant Leasing Momentum – Hobby Lobby quickly signed a lease on the property when JCPenney left the mall in 2014
• Recent Entertainment Users Added – B&B Theatres and Fun Lanes Bowling recently added and each have signed 10 year leases
• Office Space User Added – Social Security Office just signed a new long-term lease on 7,201 SF bringing daily traffic to the mall
• Large Parcel for Future Redevelopment – 8.50 Acres site next to Kroger included in sale and 38 Acre site behind the mall also included
 
The Vicksburg Mall is the only regional mall in 60 miles and is approximately 352,455 SF with 189,821 SF being owned. The property is anchored by large retailers including Dillard’s, Belk, and Hobby Lobby. Hobby Lobby entered the property in 2014 after JCPenney left. The mall offers strong upside to build off the recent leasing momentum, which will bring increased daily traffic to the property. Recent entertainment users added to the property include Fun Lanes Bowling and B&B Theatres. The Social Security office recently signed a lease as well, bringing regular day time workers to the property.

The property has excellent visibility from Hwy 61 and pylon visibility from I-20 to help create traffic visits from the surrounding areas. Vicksburg is the county seat of Warren County. It is located on the Mississippi River across from the state of Louisiana. With sweeping views of the Mississippi River, Vicksburg perfectly blends Southern culture and heritage with exciting modern-day attractions from five world-class casinos and upscale shopping, dining and spas to some of the most fascinating historic sites, architecture and antebellum mansions in the nation.

Vicksburg is located along the Great River Road at the crossroads of Historic Highway 80 and Highway 61—America’s Blues Highway. The major economic drivers for Vicksburg are the U.S. Army Engineer Research and Development Center, the Port of Vicksburg, and the casinos. The U.S. Army Engineer Research and Development Center, one of the premier engineering and scientific research organizations in the world, is the top employer in Vicksburg and Warren County with around 1,700 employees. Its economic impact on the state is $355 million annually.
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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Vicksburg Mall

3505 Pemberton Square Blvd, Vicksburg, MS 39180

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Current Bid:
Starting Bid:

Asset Snapshot

  • Asset Type
  • Real Estate
  •  
  • Retail Type
  • Regional Mall
  • Anchor
  • Yes
  • Anchor Tenant(s)
  • Belk, Hobby Lobby, Dillard's
  • Property Size
  • 191,123 Sq Ft
  • Land Area
  • 69.50 Acres
  • Year Built
  • 1985
  • Number of Floors
  • 1
  • Number of Buildings
  • 1
  • Occupancy
  • 85.90%
  • Occupancy as of
  • Oct 01, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. William Head

      c/o Fisher Auction Company Inc.

      License: #892