1126 Jackson Ave Pascagoula, MS 39567

The Pascagoula Professional Building, located at 1126 Jackson Avenue in Pascagoula, Mississippi, offers approximately 27,350 square feet of office space across four floors. The property is currently 100% leased. The tenant roster includes two investment-grade, national credit tenants, Chevron (NYSE: CVX | S&P: AA-) and Lockheed Martin (NYSE: LMT | S&P: A-), who combined have a market cap of more than $469 billion and generated more than $264 billion in revenue in CY2024. These two tenants account for 89.2% of the leasable area and 89.4% of the annual rent. A bank branch of The First, a subsidiary of Renasant Corporation (NYSE: RNST | KBRA: BBB+), occupies the remaining space and is vacating at the end of their current term in June 2026. Current ownership will be signing a two-year master lease under the same terms and conditions and same rental rate to immediately commence thereafter on July 1, 2026, to ensure no disruption in cash flow. The property was renovated in 2019 and is situated within Pascagoula’s primary commercial corridor, near Jackson County government buildings, as the city serves as the county seat. Major economic and population drivers within five miles include Ingalls Shipbuilding, Chevron’s Pascagoula Refinery, Pascagoula High School, and a major U.S. Coast Guard station.