What are the different types of commercial real estate?

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate . However, there are three main categories that you are most likely to come across: office, retail, and industrial space . Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Ridgeland commercial real estate market incorporates 2,416,755 square feet of office space across 47 buildings. Office buildings can also accommodate coworking spaces , which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Ridgeland, the coworking segment of the commercial real estate market incorporates about 2,715 square feet. Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Ridgeland commercial real estate market includes 2,527,842 square feet of retail space in a variety of settings. Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Ridgeland market, there is a total of 780,711 square feet of industrial property.

What types of commercial real estate are available in Ridgeland, MS?

The largest share of commercial real estate space for lease in Ridgeland is represented by Office space , which accounts for 196,111 square feet of available listings. Retail space available in Ridgeland adds up to 60,530 square feet.

What factors affect the price of commercial real estate in Ridgeland, MS?

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

What is the average rent for commercial space in Ridgeland, MS?

The average rent for commercial real estate space listed for lease in Ridgeland is $17.15 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Ridgeland can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

What are the best areas for commercial real estate in Ridgeland, MS?

The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type. As such, there are several areas that you could consider to be the best location for commercial real estate in Ridgeland, depending on the property type you are interested in. Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

How do I find a good commercial real estate broker?

Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker . In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market , the property type you need representation for, and will handle negotiations on your behalf in your best interest. To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker . Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests. CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

What is the most profitable commercial real estate?

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $33 per square foot. In particular, the property type commanding the highest lease rates in Ridgeland was Office space.

What is the average size of a commercial property in Ridgeland, MS?

The average size of a commercial property in Ridgeland depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use: In Ridgeland, the average size of an office property is 52,538 square feet. Retail properties here incorporate an average of 81,543 square feet. Industrial space in Ridgeland is in buildings that are, on average 78,071 square feet in size.

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104 Commercial Real Estate Listings in Ridgeland, MS

898 Centre Street

898 Centre St, Ridgeland, MS
For Sale

$800,000
Property

Retail

8,000 SF
Year Built

1987
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Centre Street Warehouses

854 Centre Street, Ridgeland, MS
For Lease

$1,500.00/MO
Property

Industrial

22,247 SF
Availability

2 Spaces

5,000 SF
Year Built

1999
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625 Parkway Building

625 Highland Colony Parkway, Ridgeland, MS
For Lease

$21.95/SF/YR
Property

Office

44,848 SF
Availability

6 Spaces

21,312 SF
Year Built

2004
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Renaissance at Colony Park
Regus
1000 Highland Colony Parkway Building 500, 2nd Floor, Suite 5203, Ridgeland, MS
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business lounge

Cleaning services

Complimentary coffee & tea

High-speed internet

High-speed wifi

Kitchen

Mail services

Money-back guarantee
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Highland Colony Business Park Raw Land

220 Marketridge Drive, Ridgeland, MS
For Sale

Subject To Offer
Property

VacantLand
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661 Hwy 51 N

661 Highway 51 N, Ridgeland, MS
For Lease

$875.00/MO
Property

Office

5,559 SF
Availability

1 Space

695 SF
Year Built

1989
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Towne Center Raw Land

Towne Center Boulevard, Ridgeland, MS
For Sale

Subject To Offer
Property

VacantLand
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Trace Harbour Village

7048 Old Canton Rd, Ridgeland, MS
For Lease

$16.50/SF/YR
Property

Retail

32,255 SF
Availability

2 Spaces

1,750 SF
Year Built

2008
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Atrium Building

805 S. Wheatley St., Ridgeland, MS
For Lease

$17.00/SF/YR
Property

Office

69,681 SF
Availability

7 Spaces

15,828 SF
Year Built

1986
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214 Draperton Drive

214 Draperton Drive, Ridgeland, MS
For Lease

$22.00/SF/YR
Property

Office

4,366 SF
Availability

1 Space

4,692 SF
Year Built

2014
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Northpark Mall

1200 E. County Line Rd, Ridgeland, MS
For Sale

Subject To Offer
Property

Retail

10,169 SF
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Office Space | 220/Highland Colony Business Park

101 Business Park Drive, Ridgeland, MS
For Lease

$10.50 - $11.00/SF/YR
Property

Office

16,426 SF
Availability

2 Spaces

9,717 SF
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242 Stephens Street

242 Stephens Street, Ridgeland, MS
For Lease

$14.00/SF/MO
Property

Retail

4,122 SF
Availability

1 Space

1,000 SF
Year Built

1981
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Northpark Walk

1290 East Countyline Rd, Ridgeland, MS
For Lease

$16.00 - $20.00/SF/MO
Property

Retail

9,100 SF
Availability

1 Space

1,105 SF
Year Built

2006
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Highland Park Cove Office Lot

Highland Park Cove, Ridgeland, MS
For Sale

$119,790
Property

VacantLand
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605 Crescent Blvd

605 Crescent Blvd, Ridgeland, MS
For Lease

Contact for pricing
Property

Office

24,675 SF
Availability

1 Space

5,778 SF
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Colony Park Blvd - Raw Land

Colony Park Boulevard, Ridgeland, MS
For Sale

Available Upon Request
Property

VacantLand
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Flex-Office Space: 220 Business Park

100-104 Business Park Drive, Ridgeland, MS
For Lease

$11.00 - $11.50/SF/YR
Property

Office

25,149 SF
Availability

3 Spaces

7,902 SF
Year Built

1986
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The Highland Shopping Center

733 Lake Harbour Drive, Ridgeland, MS
For Lease

$18.00/SF/YR
Property

Retail

17,625 SF
Availability

2 Spaces

2,624 SF
Year Built

2008
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385-B Highland Colony Parkway

385-B Highland Colony Parkway, Ridgeland, MS
For Lease

$21.95/SF/YR
Property

Office

99,332 SF
Availability

8 Spaces

36,061 SF
Year Built

2000
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214 Draperton Drive

214 Draperton Drive, Ridgeland, MS
For Sale

Subject To Offer
Property

Office

4,366 SF
Year Built

2014
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6800 Old Canton Rd

6800 Old Canton Rd, Ridgeland, MS
For Lease

$4,100.00/MO
Property

Office

16,000 SF
Availability

1 Space

3,600 SF
Year Built

1987
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1230 East County Line Rd

1230 E County Line Rd, Ridgeland, MS
For Lease

$20.00/SF/YR
Property

Retail

11,053 SF
Availability

1 Space

3,900 SF
Year Built

2008
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School Street Crossing

398 Highway 51, Ridgeland, MS
For Lease

$13.00/SF/YR
Property

Retail

67,761 SF
Availability

1 Space

1,495 SF
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Gas Lamp Village

574 Highway 51, Ridgeland, MS
For Lease

$16.00/SF/YR
Property

Retail

16,057 SF
Availability

2 Spaces

4,475 SF
Year Built

2006
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290 South Perkins Street

290 South Perkins Street, Ridgeland, MS
For Sale

$2,675,000
Property

Industrial

44,400 SF
Year Built

1998
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