Three-Tenant Retail Strip
For Sale
Contact for pricing
140 Eisenhower Drive, Biloxi, MS 39531
Built in 2019 and 100% occupied by three NN lease tenants, offering staggered expirations through 2028–2029.
Property Size5,950 SF
Price / SF$410.08
Days on Market71
Property Features for 140 Eisenhower Drive
General Information
Standard status
Active
Size
5,950 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Stabilized
Net Operating Income
$188,747
Additional Details
Traffic Count
30,000 vehicles/day
Building Details
Year Built
2019
Tenancy
Multi
Listing Agency:
JLL Chicago | Americas Headquarters
(251) 341-1611
Listed By:
Mohsin Mirza · License #IL 475.189943
Source:
Crexi
Added: Jun 2
Changed: Aug 8
Last Checked: Jul 15 at 3:22PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This three-tenant retail strip center totals 5,950 SF and was built in 2019. The property is 100% occupied and configured to support a mix of retail and dining, currently leased to Kay Jewelers (Signet Jewelers Limited), Brick & Spoon, and Verizon Wireless. All tenants operate under NN lease structures, with staggered lease expirations spanning 2028 through 2029, and built-in rent escalations designed to support ongoing base rent growth.
The center is positioned on an outparcel adjacent to Edgewater Mall, alongside a Walmart Supercenter. It fronts Beach Boulevard, a highly trafficked retail thoroughfare reported at over 30,000 vehicles per day, providing strong day-to-day retail access in the Biloxi MSA. The surrounding area is supported by household income exceeding $87,000 and a resident population over 416,000 within a five-mile radius.
For buyers, this asset offers a stabilized ownership structure with three industry-leading tenants and NN lease rollovers spread across 2028 and 2029. The mix of a national jeweler, a growing casual dining concept, and a wireless communications leader creates tenant diversification while maintaining operational continuity through the remaining lease terms and scheduled rent escalations.
The center is positioned on an outparcel adjacent to Edgewater Mall, alongside a Walmart Supercenter. It fronts Beach Boulevard, a highly trafficked retail thoroughfare reported at over 30,000 vehicles per day, providing strong day-to-day retail access in the Biloxi MSA. The surrounding area is supported by household income exceeding $87,000 and a resident population over 416,000 within a five-mile radius.
For buyers, this asset offers a stabilized ownership structure with three industry-leading tenants and NN lease rollovers spread across 2028 and 2029. The mix of a national jeweler, a growing casual dining concept, and a wireless communications leader creates tenant diversification while maintaining operational continuity through the remaining lease terms and scheduled rent escalations.
Key Highlights
- 3‑tenant retail strip center at 140 Eisenhower Drive, Biloxi, MS, totaling 5,950 SF
- Built in 2019 and 100% occupied by three tenants under NN lease structures
- Total annual base rent of $188,747 with an average remaining lease term of 3.1 years
Property Analytics
Property Profile
Current Use
Lease Details
30,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
219k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 40%
Dining 30%
Shops & Services 20%
Home Improvements & Furnishings 5%
Walmart
Superstores
87,774 visits/mo
0.3 miles
McDonald's
Dining
23,649 visits/mo
0.4 miles
Murphy USA
Shops & Services
20,971 visits/mo
0.0 miles
Starbucks
Dining
19,965 visits/mo
0.4 miles
Dollar Tree
Shops & Services
16,148 visits/mo
0.4 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Built in 2019 and 100% occupied by three NN lease tenants, offering staggered expirations through 2028–2029.
Where is this strip mall located?
The property is located at 140 Eisenhower Drive Biloxi, MS.
What is the asking price?
The asking price for this property is $2,440,000.
What are key features of this property?
This property features: 3‑tenant retail strip center at 140 Eisenhower Drive, Biloxi, MS, totaling 5,950 SF; Built in 2019 and 100% occupied by three tenants under NN lease structures; Total annual base rent of $188,747 with an average remaining lease term of 3.1 years
