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Multi-Tenant Shopping Center

3-1092 Acadian Dr Gulfport, MS 39507

3-1092 Acadian Dr, Gulfport, MS, 39507
$499,500
For Sale
Claim this Listing
$499,500

Established multi-tenant shopping center with long-term occupants and zoning T4+ in Gulfport.

Property Size4,395 SF
Price / SF$113.65
AddedMar 25
Days on Market112
Last RefreshJul 13 at 1:57 am

Property Features for 3-1092 Acadian Dr

General Information

Standard status
Active
Size
4,395 SF

Listing office Blaine & Co., LLC

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


Investment Insights

Based on property information with market context.

An established, income producing multi-tenant shopping center offering a proven rental history and a strong tenant mix, including several long term occupants with established operating histories at the property. The current tenancy is positioned to support consistent income and future lease structuring flexibility as leases are renewed or re-tenanted.

The center is strategically located just off Pass Road near the high traffic intersection of Cowan-Lorraine, with approximately 30,000 cars passing daily along Pass Road. Zoned T4+, the property supports a wide range of commercial uses. Nearby businesses include Walmart Neighborhood Market, Rouses Market, Dunkin’ Doughnuts, Walgreens, McDonald’s, and Club 4 Fitness. The center is also located directly behind Thriffiley Orthopedic and near multiple dense residential neighborhoods and apartments.

Key Highlights

  • Established multi‑tenant shopping center with long‑term occupants and established rental history
  • Approximately 30,000 cars passing daily along Pass Road for strong retail traffic visibility
  • Strategically located just off Pass Road near the high‑traffic intersection of Cowan‑Lorraine

Local Financial Insights For 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 $61.7k $14.04
− Vacancy −$5.2k −$1.19
EGI $56.5k $12.85
− OpEx −$16.9k −$3.85
NOI $39.5k $8.99
4,395 SF · lease $14.04/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$564.6K
$494.0K – $658.7K (±1% cap)
NOI $39,523 @ 7.0% cap · market cap 7.91%
Second Best
Office B
$500.4K
$437.9K – $583.8K (±1% cap)
NOI $35,030 @ 7.0% cap · market cap 7.01%
Theoretical Best
Healthcare Medical
$708.0K
$619.5K – $826.0K (±1% cap)
NOI $49,562 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Restaurant Skin Care Clinic Garden Center Electrical Service Grocery & Convenience Store HVAC Service

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

Similar Off Market Nearby

  • Village Square Mall — 1909 E Pass Rd, Gulfport, MS 39507
  • Handsboro Square Shopping Center — 1323 E Pass Rd, Gulfport, MS 39507
  • Coinstar Kiosk | Bitcoin ATM — Rouses Market, 1444 E Pass Rd, Gulfport, MS 39507

FAQs

What type of property is this?
Shopping center - Established multi-tenant shopping center with long-term occupants and zoning T4+ in Gulfport.
Where is this shopping center located?
The property is located at 3-1092 Acadian Dr Gulfport, MS.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: Established multi‑tenant shopping center with long‑term occupants and established rental history; Approximately 30,000 cars passing daily along Pass Road for strong retail traffic visibility; Strategically located just off Pass Road near the high‑traffic intersection of Cowan‑Lorraine
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