4001 Denny AvePascagoula, MS 39581

Property Details for 4001 Denny Ave

Year built

2017

Lot size

1.06 AC

Property size (Sq ft)

8,856 SF

Property type

Other commercial real estate

APN

40206042.200

APU

40206042200

Description

This exceptional 8,400 square foot shopping center in Pascagoula, Mississippi, presents a compelling investment opportunity. Located at 4001 Denny Ave, this single-story, 1.06-acre property boasts a strong lineup of national tenants including Aspen Dental, AT&T, OneMain Financial, and Holiday Cannabis, all operating under NNN leases. The center enjoys 100% occupancy, generating a substantial net operating income (NOI) of $260,174, translating to a 6.52% cap rate at an asking price of $3,990,000 ($475/sq ft). Built in 2017, the property is in excellent condition and features ample parking (50 spaces). Long-term leases are in place, incorporating rent bumps upon renewal, ensuring consistent and growing income. The property benefits from its location near a Walmart Supercenter, providing significant traffic and visibility. This is a rare opportunity to acquire a well-positioned, high-performing retail investment with exceptional tenant credit and a secure financial outlook. The four units are situated in one building, offering ease of management and maintenance. This is a turnkey investment ready for immediate income generation.

• Alternative Use

  Use

  Valuation

  Residential

  $1,607,495

  Hospitality

  $1,472,457

  Educational

  $1,225,067

  Medical

  $1,267,199

  Retail

  $1,905,660

Location Insight

City

Pascagoula

County

Jackson

State

Mississippi

Latitude

30.3833

Longitude

-88.5201

CBSA code

25060

CBSA name

GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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