Leased Medical Office
For Sale
$6,250,000
14213 Cook Rd, Biloxi, MS 39532
Three medical buildings along Cook Road with patient exam and administrative spaces, all currently leased.
Property Size19,528 SF
Price / SF$320.05
Days on Market99
Property Features for 14213 Cook Rd
General Information
Standard status
Active
Size
19,528 SF
Occupancy
100%
Additional Details
Business Included
Yes
Road Access
Yes
Office Units
3
Building Details
Year Built
2014
Tenancy
Multi
Listing Agency:
Century 21 Busch Realty Group
Listed By:
Kacie P Denny · License #S52981
(228) 216-0438
Source:
Fiorellaavenue
Added: Jul 7
Changed: Oct 9
Last Checked: Oct 7 at 4:18PM
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 Century 21 Busch Realty Group
Investment Insights
Based on property information with market context.
This offering features a three-building medical office complex at 14209 Cook Rd, 14213 Cook Rd, and 14219 Cook Road. The buildings are configured for medical use and are currently leased. Each professional office building includes functional healthcare-oriented spaces such as patient waiting areas, exam rooms, administrative offices, and dedicated entrances. Building 1 includes lead-lined exam and suite space along with reception, a nurse station, and multiple exam rooms and offices across two levels. Building 2 is a family practice clinic with reception, a nurse station, eight medical exam rooms, and several additional rooms. Building 3 is a vascular clinic with a large reception area, offices, and additional clinical and support rooms.
The complex is situated along Cook Road, with convenient access to major thoroughfares and surrounding residential neighborhoods. It is positioned near other healthcare providers, retail services, and densely populated residential communities, supporting day-to-day accessibility for patients and medical professionals.
For physicians, clinic operators, and investors seeking a medical office asset designed around exam-room workflows, this property provides a turnkey option with all three units in place. It also offers a practical fit for healthcare uses that require a professional office layout with dedicated entrances and established patient-facing space.
The complex is situated along Cook Road, with convenient access to major thoroughfares and surrounding residential neighborhoods. It is positioned near other healthcare providers, retail services, and densely populated residential communities, supporting day-to-day accessibility for patients and medical professionals.
For physicians, clinic operators, and investors seeking a medical office asset designed around exam-room workflows, this property provides a turnkey option with all three units in place. It also offers a practical fit for healthcare uses that require a professional office layout with dedicated entrances and established patient-facing space.
Key Highlights
- Three‑building medical office complex at 14209, 14213, and 14219 Cook Rd, all configured for medical use
- All three buildings are currently leased, providing immediate and stable income for investors
- Building 1 (14209 Cook Rd): 10,272 SF neuro/sprine/gastro clinic with lead‑lined walls, elevator, reception, and 7 exam rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$220,217
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,404,340
$4.4M
Cap Rate 7%
$3,145,957
$3.1M
Cap Rate 9%
$2,446,856
$2.4M
Market Conditions
NOI Build-Up for 19,528 SF
Gross rent
$410.1K $21.00/SF
− Vacancy
−$43.1K −$2.21/SF
EGI
$367.0K $18.80/SF
− OpEx
−$146.8K −$7.52/SF
NOI
$220.2K $11.28/SF
Area
Harrison County, MS
Vacancy
10.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,404,340
Cap Rate 7%
$3,145,957
Cap Rate 9%
$2,446,856
Alternative Uses
Best Use
Healthcare Medical
$3.15M
$2.75M – $3.67M
NOI $220,217 @ 7.0% cap · market cap 3.52%
Second Best
Office B
$2.22M
$1.95M – $2.59M
NOI $155,646 @ 7.0% cap · market cap 2.49%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Office units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39532, MS
34,348
Population
15,466
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
86%
High-School Grad
82.2 sq mi
ZIP Area
418
Density / Sq Mi
$65,892
Median Household Income
$40,751
Median Earnings
$1,098
Median Rent
$227,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Three medical buildings along Cook Road with patient exam and administrative spaces, all currently leased.
Where is this medical office space located?
The property is located at 14213 Cook Rd Biloxi, MS.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Three‑building medical office complex at 14209, 14213, and 14219 Cook Rd, all configured for medical use; All three buildings are currently leased, providing immediate and stable income for investors; Building 1 (14209 Cook Rd): 10,272 SF neuro/sprine/gastro clinic with lead‑lined walls, elevator, reception, and 7 exam rooms
