Multi-Tenant Retail Flex
10354 LEMOYNE BLVD Diberville, MS 39540
10354 LEMOYNE BLVD, Diberville, MS, 39540
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For Sale
Contact for pricing
Multi-tenant retail building with prominent Lemoyne Blvd signage exposure and more than 20 front-row parking spaces.
Property Size10,319 SF
Lot Size1.35 Acres
Price / SF$125.50
Days on Market78
Property Features for 10354 LEMOYNE BLVD
General Information
- Standard status
- Active
- Size
- 10,319 SF
- Lot size
- 1.35 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing agency
Molyneaux Group
Listed by
Doug Molyneaux, CCIM 228.273.1660 · License #MS 21811
Source
Crexi
Added: May 6 Updated: Jul 22 at 1:03PM Checked: Jul 22 at 1:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Molyneaux Group
Investment Insights
Based on property information with market context.
10354 Lemoyne Boulevard is a multi-tenant retail building constructed in 2019, offering a brick facade and a clean roofline. The center is currently 100% leased to a complementary mix of three tenants.
The property features prominent signage exposure to Lemoyne Blvd traffic. More than 20 striped front-row parking spaces are provided, along with additional paved surface parking at the rear of the building, supporting both customer-facing retail use and back-of-house flex tenant requirements.
C-2 General Commercial zoning is in place, and the property’s multi-tenant configuration makes it suitable for businesses looking to operate within an established, fully occupied shopping center setting.
The property features prominent signage exposure to Lemoyne Blvd traffic. More than 20 striped front-row parking spaces are provided, along with additional paved surface parking at the rear of the building, supporting both customer-facing retail use and back-of-house flex tenant requirements.
C-2 General Commercial zoning is in place, and the property’s multi-tenant configuration makes it suitable for businesses looking to operate within an established, fully occupied shopping center setting.
Key Highlights
- 2019‑built, 10,000 SF multi‑tenant retail building on approximately 1.35 acres
- Prominent signage exposure to Lemoyne Blvd traffic
- Brick facade with a clean roofline
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.9k | $14.04 |
| − Vacancy | −$12.3k | −$1.19 |
| EGI | $132.6k | $12.85 |
| − OpEx | −$39.8k | −$3.85 |
| NOI | $92.8k | $8.99 |
10,319 SF · lease $14.04/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.33M
$1.16M – $1.55M
NOI $92,795 @ 7.0% cap · market cap 7.17%
Second Best
Flex RnD
$1.14M
$997.5K – $1.33M
NOI $79,799 @ 7.0% cap · market cap 6.16%
Theoretical Best
Healthcare Medical
$1.66M
$1.45M – $1.94M
NOI $116,367 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mister Spirits
(Bike/Boat/Book/etc) Store
Fidelis Realty Kelly ...
Real Estate Agency
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FAQs
What type of property is this?
Shopping center - Multi-tenant retail building with prominent Lemoyne Blvd signage exposure and more than 20 front-row parking spaces.
Where is this shopping center located?
The property is located at 10354 LEMOYNE BLVD Diberville, MS.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 2019‑built, 10,000 SF multi‑tenant retail building on approximately 1.35 acres; Prominent signage exposure to Lemoyne Blvd traffic; Brick facade with a clean roofline
