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2585 Pass Rd Biloxi, MS 39531

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For Sale
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Retail building with long-term tenant in prime location.

Property size:
5,772 SF
Lot size:
0.72 Acres

Property Features for 2585 Pass Rd

General Information

Standard status
Active
Size
5,772 SF
Lot size
0.72 Acres

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Listing Contact
Tim Carlson
Tim Carlson
Source: Crexi

Listing Agency: Southeast Commercial Real Estate Services Gulfport Listing Agent: Tim Carlson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Biloxi Retail Investment Opportunity

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.
Location Intelligence

Current Use by Public Records

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

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Biloxi
County
Harrison
State
Mississippi
Longitude
-88.9878083
Latitude
30.40036

FAQs

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 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.
More about this property
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