1639 E Pass Rd, Gulfport, MS 39507
Established single-tenant retail building on a high-traffic Gulf Coast corridor with direct frontage and a long-term operating tenant.
- Added:
- Mar 25, 2026
- Days on Market:
- 105
- Last Refresh:
- Jun 25 at 9:16 pm
Property Features for 1639 E Pass Rd
General Information
- Standard status
- Active
- Size
- 3,325 SF
Listing office Blaine & Co., LLC (228) 861-6449
Listing date Mar 25, 2026
Source Exprealty
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 Blaine & Co., LLC
HighLights
- Established single‑tenant retail building on Pass Road with direct frontage
- Occupied by Thriffiley Orthopedic since October 2011
- Approximately 30,000 cars pass daily near the Cowan‑Lorraine intersection
- Zoned T4+ supporting a wide range of commercial uses
- Long‑term tenant continuity with remaining term on the lease
Overview
The building sits on a heavily traveled commercial corridor and near the high-traffic intersection of Cowan-Lorraine. Public remarks indicate approximately 30,000 cars pass daily, supporting strong day-to-day visibility for service and retail needs. The area includes a mix of national and regional retailers such as Walmart Neighborhood Market, Rouses Market, Dunkin’ Donuts, Walgreens, McDonald’s, and Club 4 Fitness, alongside nearby residential neighborhoods and apartment communities.
With zoning designated T4+, the property supports a wide range of commercial uses, making it practical for buyers evaluating retail ownership with an active, long-term tenant. For operators considering an automotive or service-adjacent retail footprint, the combination of direct frontage, corridor exposure, and an existing medical-oriented tenant context may offer a functional location fit for continued neighborhood servicing.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.8k | $21.00 |
| − Vacancy | −$7.3k | −$2.21 |
| EGI | $62.5k | $18.80 |
| − OpEx | −$25.0k | −$7.52 |
| NOI | $37.5k | $11.28 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Handsboro Animal Hospital — 1445 E Pass Rd, Gulfport, MS 39507
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.0211227
- Latitude
- 30.3996933
