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Restaurant Space in Crossroads Center
For Lease
$22 SF/Yr

10510 Highway 49, Gulfport, MS 39503

Restaurant space available in busy Gulfport shopping center.

Space SizeContact for details
Lot Size1.87 Acres
Days on Market1507

Property Features for 10510 Highway 49

General Information

Standard status Active
Lot size 1.87 Acres
Listing Agency: Sawyer Real Estate, Inc. Of Ms.
Listed By: Rita G Sadler · License #S-22178MS
Source: Exprealty
Added: Jul 28, 2022 Changed: Sep 5 Last Checked: Sep 9 at 8:36PM

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 Sawyer Real Estate, Inc. Of Ms.

Investment Insights

Based on property information with market context.

This offering presents a restaurant opportunity within The Crossroads Shopping Center in Gulfport, Mississippi. The available space, previously occupied by O'Charleys, measures 6,823 square feet. The property includes 2 acres of land and over 130 parking spaces. It features approximately 200 feet of highway frontage along Gulfport's main thoroughfare. Situated at a lit intersection, the location benefits from high traffic volume, with approximately 49,000 cars passing daily. Access is facilitated by two points of ingress and egress, one from Highway 49 and another from Community Road. The location is shadow anchored by major retailers, including TJ Maxx, Academy Sports & Outdoors, and a Cinemark Movie Theatre.

Key Highlights

  • High traffic location: 49,000 cars per day at a lit intersection on Gulfport's main thoroughfare.
  • Ample parking: 130+ parking spaces on 2 acres.
  • Highway frontage: Boasts 200 feet of frontage on Hwy 49.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Law Firm Kitchen & Bath Showroom Electrical Service Gym & Fitness Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

678
Businesses Nearby
894k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 29% Apparel 29% Shops & Services 18% Superstores 13%
Sam's Club Superstores
118,931 visits/mo 0.4 miles
Academy Sports + Outdoors Apparel
69,837 visits/mo 0.5 miles
T.J. Maxx Apparel
63,019 visits/mo 0.4 miles
Chick-fil-A Dining
58,237 visits/mo 0.2 miles
Ross Dress for Less Apparel
37,311 visits/mo 0.4 miles

Demographics for 39503, MS

53,643
Population
22,533
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
92%
High-School Grad
114.3 sq mi
ZIP Area
469
Density / Sq Mi
$61,298
Median Household Income
$36,241
Median Earnings
$1,087
Median Rent
$193,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Gulfport, MS

$22.59 /SF/Yr
Avg Asking Price
$13.33–$27.82 /SF/Yr
Price Range
4,492 SF
Avg Space Size

This space is priced 3% below the average of $22.59 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Firehouse Subs Orange Grove 10573 US 49 D, Gulfport, MS 39503
  • Miller Miller Catering 15312 Dedeaux Rd, Gulfport, MS 39503
  • Liz & Nomie's Gourmet Eats 11289 Klein Rd E, Gulfport, MS 39503

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant space available in busy Gulfport shopping center.
Where is this restaurant located?
The property is located at 10510 Highway 49 Gulfport, MS.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: High traffic location: 49,000 cars per day at a lit intersection on Gulfport's main thoroughfare.; Ample parking: 130+ parking spaces on 2 acres.; Highway frontage: Boasts 200 feet of frontage on Hwy 49.
More about this property
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