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Single-Tenant Medical Office Building
For Sale
Contact for pricing
Pending

1989 Pass Rd, Biloxi, MS 39531

Fee-simple medical office on a 1.21-acre lot with a current single-tenant occupancy and remaining double-net lease term.

Property Size5,000 SF
Lot Size1.21 Acres
Days on Market150

Property Features for 1989 Pass Rd

General Information

Standard status Pending
Size 5,000 SF
Lot size 1.21 Acres
Property subtype Office
Occupancy 100%

Additional Details

Traffic Count 20,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Columbus
Listed By: Dan Yozwiak · License #OH: SAL.2008003600
Source: Crexi
Added: Apr 11 Changed: Aug 27 Last Checked: Sep 6 at 11:25PM

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 Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to present the fee simple interest in a 5,000 SF single-tenant medical office building in Biloxi, Mississippi. The property is currently occupied by Metro Treatment of Mississippi, LP. The remaining lease term is just over five years, with one additional 5-year renewal option. The CPI increase applies to the renewal option, and the landlord’s responsibility is limited to the roof, structure, and foundation. The lease is corporately guaranteed by Colonial Management Group, LP.

The property sits on a 1.21-acre lot along Pass Road with reported traffic of 20,000 VPD. It is positioned near national retail tenants, including Walmart, Walgreens, Advance Auto Parts, and Dollar General, among others. The building is less than 2 miles from Keesler Air Force Base and Mississippi Gulf Coast Community College, and approximately 5 miles from downtown Biloxi.

This is a single-tenant medical office facility offered as a fee-simple interest with a double-net structure and defined landlord responsibilities.

Key Highlights

  • 5,000 SF single‑tenant medical office in Biloxi, MS, fee simple interest.
  • Occupied by Metro Treatment of Mississippi, LP under a double net lease with just over 5 years remaining.
  • Lease includes one 5‑year renewal option with a CPI increase in that option.

Property Analytics

Current Use

Biloxi Association Or Organization New Season Treatment ... Medical Clinic Sidney Smith Counselor Jennifer Neff Counselor

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Law Firm Auto Repair Shop

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

20,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby
Under-served
Demand for This Use

Demographics for 39531, MS

19,965
Population
9,660
Households
2.1
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
6.6 sq mi
ZIP Area
3,025
Density / Sq Mi
$54,599
Median Household Income
$37,293
Median Earnings
$1,066
Median Rent
$193,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Biloxi Animal Hospital 1875 Pass Rd, Biloxi, MS 39531

Frequently Asked Questions

What type of property is this?
Medical Office Space - Fee-simple medical office on a 1.21-acre lot with a current single-tenant occupancy and remaining double-net lease term.
Where is this medical office space located?
The property is located at 1989 Pass Rd Biloxi, MS.
What are key features of this property?
This property features: 5,000 SF single‑tenant medical office in Biloxi, MS, fee simple interest.; Occupied by Metro Treatment of Mississippi, LP under a double net lease with just over 5 years remaining.; Lease includes one 5‑year renewal option with a CPI increase in that option.
(614) 360-9036 Call to check price and availability
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