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Premier Plaza Shopping Center is a 16,808 square foot Class C strip retail center built in 1999, located at 900-1000 Municipal Drive in Brandon, Mississippi, a suburb of Jackson with strong growth. Positioned adjacent to the Brandon Municipal Complex, City Hall, and Senior Center, it captures footfall from government operations and visitors.
Accessibility includes proximity to Highway 80, less than one mile from Interstate 20, and 10 minutes from Jackson-Evers International Airport, with abundant parking available. The tenant mix features established retailers like Cato Fashions for apparel, alongside convenience-oriented businesses, supported by long-term leases that ensure stability. Brandon's population of approximately 24,000 has grown 24% in the last decade, with a median household income of about $70,000, exceeding state averages, and a demographic primarily White (74%) and Black (23%) families and professionals.
Retail sales reached record levels in 2023, indicating healthy market conditions. Leasing opportunities offer rates around $20 per square foot NNN, with upside potential from rent escalations. However, challenges include competition from emerging centers like Sullivan's Marketplace, aging infrastructure, and moderate operational quality in a saturated suburban market. Occupancy stands at roughly 92%, with a 1,420 square foot vacancy.
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Hours of Operation
Hours
| Monday | 10:00 AM — 06:00 PM |
| Tuesday | 10:00 AM — 06:00 PM |
| Wednesday | 10:00 AM — 06:00 PM |
| Thursday | 10:00 AM — 06:00 PM |
| Friday | 10:00 AM — 06:00 PM |
| Saturday | 10:00 AM — 05:00 PM |
| Sunday | Closed |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographic Profile and Footfall
Brandon features a population of 24,000 with 24% growth over 10 years, median income $70,000, supporting retail. Footfall benefits from nearby government facilities, but as a strip center, daily traffic is estimated moderate at 500-1,000 visitors, driven by local errands rather than destination shopping. Risks include reliance on commuter patterns amid rising online retail competition.
Tenant Mix and Occupancy
The mix includes apparel (Cato Fashions) and services, with long-term tenants ensuring 92% occupancy. Strengths lie in stable leases, but weaknesses include limited diversity and one available 1,420 SF space, potentially impacting synergy. Operational quality is average for Class C, with recent updates like painting, but aging at 25 years poses maintenance risks.
Market Factors and Lease Terms
Strong 2023 retail sales highlight market vitality, with average rents $15.50-$24/SF NNN and growth from new developments. Advantages: accessible location, parking. Drawbacks: saturation, competition from Jackson metro, and infrastructure needs. Lease terms favor stability with escalations, but retailers should assess footfall metrics and category weaknesses in convenience retail.
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