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Drug Store Retail Property
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2190 Bienville Blvd, Ocean Springs, MS 39564

Drug store retail property built in 2009 with 11,945 SF available at 2190 Bienville Blvd.

Property Size11,945 SF
Price / SF$433.39
Days on Market10

Property Features for 2190 Bienville Blvd

General Information

Standard status Active
Size 11,945 SF
Property subtype Retail

Additional Details

Asking Price $4,241,900

Building Details

Year Built 2009
Listing Agency: Net Leased Advisors
Listed By: Matt Ragland · License #TX 646825
Source: Crexi
Added: Jul 21 Changed: Jul 30 Last Checked: Jul 30 at 5:43PM

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 Net Leased Advisors

Investment Insights

Based on property information with market context.

This drug store retail property was built in 2009 and offers 11,945 SF of space. It is being offered for sale.

The property is located at 2190 Bienville Blvd in Ocean Springs, Mississippi 39564, providing a straightforward standalone option for retail users seeking an existing drug store-focused building configuration.

With its relatively newer construction date and dedicated retail footprint, the asset can serve as a starting point for an operator looking for a drug store retail property without relying on a redevelopment process.

Key Highlights

  • 11,945 SF drug store retail property
  • Built in 2009
  • For sale at 2190 Bienville Blvd, Ocean Springs, MS 39564

Financial Insights For Specialty Retail

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 $255.1k $21.36
− Vacancy −$19.6k −$1.64
EGI $235.5k $19.72
− OpEx −$58.9k −$4.93
NOI $176.6k $14.79
11,945 SF · lease $21.36/SF/yr · vacancy 7.70% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$2.52M
$2.21M – $2.94M (±1% cap)
NOI $176,624 @ 7.0% cap · market cap 3.41%
Second Best
Retail
$2.03M
$1.78M – $2.37M (±1% cap)
NOI $142,195 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$3.26M
$2.86M – $3.81M (±1% cap)
NOI $228,427 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy CVS Pharmacy Pharmacy UPS Access Point ... Courier Service MoneyGram Bank

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Garden Center

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

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby
Well-served
Demand for This Use

Demographics for 39564, MS

42,539
Population
18,908
Households
2.2
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
798
Density / Sq Mi
$77,300
Median Household Income
$43,754
Median Earnings
$1,314
Median Rent
$220,000
Median Home Value

Market

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Coastal Pharmacy — 998 N Halstead Rd, Ocean Springs, MS 39564
  • Advanced Pharmaceuticals — 998 N Halstead Rd Suite C, Ocean Springs, MS 39564
  • Your CBD Store | SUNMED - Ocean Springs, MS — 1626 Bienville Blvd, Ocean Springs, MS 39564
  • Smoothie King — 2708 Bienville Blvd, Ocean Springs, MS 39564
  • Fortus Pharma — 996 N Halstead Rd, Ocean Springs, MS 39564

Frequently Asked Questions

What type of property is this?
Drug store - Drug store retail property built in 2009 with 11,945 SF available at 2190 Bienville Blvd.
Where is this drug store located?
The property is located at 2190 Bienville Blvd Ocean Springs, MS.
What is the asking price?
The asking price for this property is $5,176,900.
What are key features of this property?
This property features: 11,945 SF drug store retail property; Built in 2009; For sale at 2190 Bienville Blvd, Ocean Springs, MS 39564
More about this property
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