Lake Harbour Village Photo Gallery

Ridgeland, MS, features a population of 24,700 with a median age of 35.5 and per capita income of $84,531, contributing to a trade area exceeding 90,000 residents within five miles where household incomes average over $80,000. This demographic supports retail focused on fitness, health, and convenience goods. Daily vehicular traffic at 25,000 along Lake Harbour Drive provides strong drive-by exposure, though walkability is rated 58/100 and bikeability 52/100, suggesting reliance on car access. Proximity to the Ross Barnett Reservoir adds recreational draw, but aging suburban infrastructure may pose minor access hurdles during peak hours.

The centers 36,000 square feet host Planet Fitness as the primary anchor, drawing consistent fitness enthusiasts, while shadow anchoring by Kroger ensures grocery traffic spillover. Available spaces total 3,000 square feet, suitable for service retail like salons, at $18.50/SF NNN with renewal options. Occupancy details are not publicly specified, but the propertys small scale implies stable utilization in a market with positive retail leakage of $466 million. Tenant mix emphasizes essentials over luxury, reducing vacancy risks but limiting high-end apparel opportunities amid regional saturation.

Ridgelands retail sector outperforms state averages, with FY2023 sales pull factor of 1.65 and surplus in trade categories, bolstered by strong performance in accommodations and food services. Lake Harbour Village benefits from this, offering practical leasing in an expanding area near residential growth. Risks include competition from nearby centers like Highland Shopping Center featuring Newks and Menchies, plus five proximate retail sites, potentially diluting footfall for non-essential categories. Market saturation in general merchandise and weak infrastructure updates could challenge performance, though overall economic stability supports moderate growth for anchored convenience retail.