Back to Search

Biloxi Retail Investment Opportunity

2585 Pass Rd, Biloxi, MS 39531

View on Map

For Sale

Contact for pricing

Retail building with long-term tenant in prime location.

Type:Retail

Property size:

5,772 SF

Price / SF:

$173/SF

HighLights

Long‑term tenant with 40‑year history and recent 5‑year lease extension.
Located on Pass Road, a primary commercial corridor with high traffic and excellent visibility.
Offered at a 6.00% cap rate, providing stable, passive income.
Nationally recognized tenant.
Lease includes two renewal options extending through 2035 and 2040 with increased monthly rent.
5,772 square foot retail building constructed in 1987.

We can help!

Contact an agent

Tim Carlson

For Sale

Contact for pricing

Retail building with long-term tenant in prime location.

Type:Retail

Property size:

5,772 SF

Price / SF:

$173/SF

Added:: Mar 9, 2026
Days on Market:: 112
Last Refresh:: Mar 19 at 10:04 pm

Property Features for 2585 Pass Rd

General Information

Standard status: Active
Size: 5,772 SF
Property subtype: Retail

We can help!

Contact an agent

Tim Carlson

Listing office Southeast Commercial Real Estate Services Gulfport

Listing date Mar 9, 2026

Source Crexi

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 Southeast Commercial Real Estate Services Gulfport

HighLights

Long‑term tenant with 40‑year history and recent 5‑year lease extension.
Located on Pass Road, a primary commercial corridor with high traffic and excellent visibility.
Offered at a 6.00% cap rate, providing stable, passive income.
Nationally recognized tenant.
Lease includes two renewal options extending through 2035 and 2040 with increased monthly rent.
5,772 square foot retail building constructed in 1987.

Overview

This investment opportunity is located at 2585 Pass Road in Biloxi. The property features a 5,772 square foot retail building, originally constructed in 1987. The building is strategically positioned along Pass Road, a primary commercial corridor known for its strong traffic volume and excellent visibility. The tenant has operated at this location for 40 years and recently signed a new 5-year extension. The lease structure includes two renewal options. Option 1 extends through 2035 with monthly rent of $5,395, while Option 2 extends through 2040 with monthly rent of $5,627.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$81.0k	$14.04
− Vacancy	−$6.9k	−$1.19
EGI	$74.2k	$12.85
− OpEx	−$22.2k	−$3.85
NOI	$51.9k	$8.99

5,772 SF · lease $14.04/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$741.5K

$648.8K – $865.1K (±1% cap)

NOI $51,905 @ 7.0% cap · market cap 5.20%

Second Best

—

no second resolved use

Theoretical Best

Healthcare Medical

$929.9K

$813.6K – $1.08M (±1% cap)

NOI $65,091 @ 7.0% cap · market cap 6.52%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Goodyear Auto Service (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Biloxi
County: Harrison
State: Mississippi
Longitude: -88.9878083
Latitude: 30.40036

Nearby Similar for Sale

$525,000

6,340 SF

Two-Unit Retail Building with Parking

Two-unit retail building with secure storefront access, fenced employee parking, and one ready-to-occupy unit.

1885 Pass Road, Biloxi, MS 39531

View Details
$3,000,000

14,678 SF

Turnkey Childcare Center Facility

Fully operational childcare center with secured access, classrooms, and fenced outdoor play area, offered with equipment and furnishings.

615 Howard Avenue, Biloxi, MS 39530

View Details
$6,250,000

19,528 SF

Three-Building Leased Medical Office Complex

Three leased medical office buildings on Cook Road with exam rooms, offices, and patient reception areas.

14213 Cook Road, Biloxi, MS 39532

View Details
$1,900,000

18,000 SF

Three-Story Mixed-Use Building

Three-story mixed-use property with two leased ground-floor units and owner-occupied upper floors in downtown Biloxi.

713 Howard Avenue, Biloxi, MS 39530

View Details
$595,000

1,435 SF

Turnkey Retail and Office Building

Turnkey building on a high-traffic corridor with 12'–22' ceilings, separate curb cuts, and strong area retail and medical adjacency.

934 Cedar Lake Road, Biloxi, MS 39532

View Details
$229,150

1,592 SF

Former Bakery with Courtyard

Two connected buildings provide a blank canvas with plumbing and electrical ready for kitchen buildout.

266 Debuys Road, Biloxi, MS 39531

View Details
$129,000

1,350 SF

Office Building with Ample Parking

Compact office building offering flexible workspace and ample parking with convenient access to major roadways and services.

759 Mcelroy Street, Biloxi, MS 39530

View Details
$334,900

3,200 SF

Medical Office Building

Multi-level office layout with exam rooms, reception area, and second-floor office and kitchenette space.

282 Lameuse Street, Biloxi, MS 39530

View Details
$670,000

16,300 SF

Turnkey Dental Office with Residence

Fully equipped dental office with attached residential unit for sale.

1070 Judge Sekul Avenue, Biloxi, MS 39530

View Details
$1,455,000

14,500 SF

Fully Leased Office Investment

Fully occupied office spaces with multi-year leases, offering a stabilized income profile for passive investors.

12450 Shortcut Road, Biloxi, MS 39532

View Details
$525,000

4,964 SF

Biloxi Commercial Property on Pass

Prime commercial property with high visibility and versatile zoning.

1731 Pass Rd, Biloxi, MS

View Details
$549,000

3,488 SF

Biloxi Commercial Daycare Opportunity

Daycare facility with 66-child capacity in central Biloxi location.

890 Vee Street, Biloxi, MS 39532

View Details

For sale
Retail space
MS
Biloxi
39531
2585 Pass Rd

What type of property is this?

Retail space - Retail building with long-term tenant in prime location.

Where is this retail space located?

The property is located at 2585 Pass Rd Biloxi, MS.

What is the asking price?

The asking price for this property is $999,000.

What are key features of this property?

This property features: Long‑term tenant with 40‑year history and recent 5‑year lease extension.; Located on Pass Road, a primary commercial corridor with high traffic and excellent visibility.; Offered at a 6.00% cap rate, providing stable, passive income.