5224 Old Hwy 42, Hattiesburg, MS 39401

Listing by: Jennifer Stein Real Estate, Inc | Jennifer Stein | MS #C-23563
26401 Calle Rolando | San Juan Capistrano, CA 92675

Square Storage – Hattiesburg is a value-add self-storage facility located in Hattiesburg, MS featuring 18,800 NRSF of climate-controlled units, 2,050 NRSF of non-climate units, and 15,360 NRSF of covered parking. The property also includes a 6,000 SF vacant building that can be leased to a third-party tenant or converted into additional storage units, creating a clear path to incremental revenue. The facility has demonstrated positive leasing momentum, with occupancy increasing approximately 15% throughout 2025, yet both occupancy and rental rates remain below market—offering immediate upside through continued lease-up, stabilization, and steady ECRIs.

The property benefits from strong local demand drivers, including a dense population of 65,000+ residents within a five-mile radius and its proximity, less than two miles away from University of Southern Mississippi, which enrolls approximately 15,000 students. Hattiesburg, the third-largest MSA in the state with roughly 155,000 residents, is located approximately 85 miles northwest of Mobile and serves as a regional economic hub supported by education, healthcare, and transportation employment.

Deal Upside
• Continued lease-up momentum following ~15% occupancy growth in 2025
• Significant upside through increases to below-market rental rates
• 6,000 SF vacant structure provides expansion or ancillary income opportunity
• Strong demand drivers from nearby university population and growing residential density

All site visits must be coordinated in advance with Agent.