For Sale
$1,500,000

14405-A Stenum St Biloxi, MS 39532

High-profile, 10,000 SF storefront

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A, 10,000 square foot storefront, located at 14405-A Stenum Street in Biloxi, Mississippi, presents a compelling net lease investment opportunity. The property, built in 2003 and boasting a 10-foot ceiling height, is situated on a 0.67-acre lot (APN: 0-50-60-550.000) and zoned C-3. Currently 100% occupied by a franchisee tenant, this single-unit building generates a strong net operating income (NOI) of $80,820, resulting in a 5.39% cap rate. The asking price is $1,500,000. Significant upgrades were completed in 2015, adding 3,000 square feet and enhancing the building's functionality with new offices, flooring, doors, and windows. The property features a modern showroom, elegant glass-walled conference rooms, ample private offices, two kitchenettes, multiple private bathrooms, and electrical rooms. Convenient front parking is available for customers, along with secure rear parking for employees or inventory. The adjacent 1,900 square foot lot provides high-profile Interstate visibility, ideal for showcasing products and maximizing brand exposure. This is a rare opportunity to acquire a high-performing, well-maintained commercial property in a prime Biloxi location.

Highlights

  • Class A, 10,000 SF storefront in Biloxi, MS, on a 0.67-acre lot (APN: 0-50-60-550.000), zoned C-3.
  • Net lease investment opportunity with a $1,500,000 asking price and a 5.39% cap rate, generating $80,820 NOI.
  • 100% occupied by a franchisee tenant.
  • Built in 2003, with significant upgrades in 2015 adding 3,000 SF.
  • Features modern showroom, offices, kitchenettes, bathrooms, and ample parking.

Property Details for 14405-A Stenum St

Property type
Retail properties, Office properties
Square Feet
10,000 SF
Class
A
Year Built
2003
Buildings
1
Stories
1
Lot Size (sq. ft)
29,185 SF
Units
1

Location Insight

City
Biloxi
County
Harrison
State
Mississippi
Latitude
30.4530853
Longitude
-88.8506878

FAQs

What type of property is this?
Retail property - High-profile, 10,000 SF storefront
Where is the retail property located?
The property is located at 14405-A Stenum St Biloxi, MS.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Class A, 10,000 SF storefront in Biloxi, MS, on a 0.67-acre lot (APN: 0-50-60-550.000), zoned C-3.; Net lease investment opportunity with a $1,500,000 asking price and a 5.39% cap rate, generating $80,820 NOI.; 100% occupied by a franchisee tenant.
How can I contact the broker?
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14405-A Stenum St
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