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Castlewoods Shopping Center is a 180,000 square foot neighborhood retail center located in Brandon, Mississippi, a suburb of Jackson. Anchored by a major grocery chain with a diverse tenant mix of 25-30 stores including apparel, dining, health services, and financial institutions, it primarily serves local convenience shopping needs. Positioned along high-traffic Lakeland Drive with strong visibility and access from I-20 and I-55, it draws from a trade area exceeding 100,000 residents within 5 miles.
Occupancy stands at 90% with average NNN rents of $20-25 per square foot. Steady footfall averages 12,000 weekly visitors, supported by national brands like Ross Dress for Less alongside local eateries. Brandon demographics feature median household income of $75,000, median age 35, and a young family-oriented population. Built in the late 1980s to 1995, the center offers competitive leasing terms and marketing support but faces moderate competition from nearby upscale and outlet centers, aging infrastructure requiring maintenance, and car-dependent access limiting pedestrian options.
Sales per square foot average $350 annually in a market with evident saturation in convenience categories.
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Hours of Operation
Hours
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 11:00 AM — 06:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Footfall
The trade area covers Brandon and eastern Jackson suburbs with a 5-mile population of around 120,000 affluent families (median income $72,000-$75,000, 60% households with children). Footfall averages 10,000-15,000 visitors per week driven by the grocery anchor and repeat local traffic. Strengths include stable residential growth; weaknesses involve seasonal dips in non-essential visits and reliance on vehicle access that may exclude seniors or low-mobility groups.
Competition and Market Position
Direct competition comes from Highland Village (1.5 miles away, upscale mix) and Outlets of Mississippi (discount focus), capturing significant regional spend. Neighborhood positioning provides stability for daily needs but limits broader metro draw. Risks include apparel tenant turnover amid e-commerce, with 85-95% occupancy amid low regional vacancy. Loyal local patronage supports performance despite slower sales absorption than prime corridors.
Lease Terms and Operational Quality
NNN rents range $18-24 PSF with 5-10 year terms, renewal options, and incentives like free rent periods. Operational quality is average with 95% uptime but aging HVAC and parking may increase CAM charges. Advantages include percentage rent clauses and collaborative marketing; challenges encompass infrastructure upgrade escalations and co-tenancy protections following past anchor vacancies affecting portions of space.
Building Details
Detailed Market Analytics
City Snapshot
Brandon, MS
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City Snapshot
Brandon, MS
Comprehensive market intelligence for retail expansion in this city