Tractor Supply Co. Retail
5001 BIENVILLE BLVD, Ocean Springs, MS 39564
For Sale
Contact for pricing
Freestanding retail property occupied under an NN lease with renewal options and scheduled rent increases.
Property Size19,097 SF
Lot Size4.37 Acres
Price / SF$187.20
Days on Market54
Property Features for 5001 BIENVILLE BLVD
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Additional Details
Traffic Count
Building Details
Buildings
Tenancy
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Deno Bistolarides · License #6502378067
(248) 702-0288
Source:
Crexi
Added: Sep 15
Changed: Nov 6
Last Checked: Nov 6 at 8:33AM
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 Encore Real Estate Investment Services
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Investment Insights
Based on property information with market context.
This freestanding retail property contains 19,097 square feet on a 4.37-acre site and is occupied by Tractor Supply Co. The NN lease has approximately 15 years remaining, includes four 5-year renewal options, and provides scheduled rent increases every five years. The store recorded more than 205,000 visits per year.
Positioned along U.S. Highway 90 at 5001 Bienville Blvd in Ocean Springs, the property offers frontage on a corridor carrying more than 29,600 vehicles per day. Nearby national retailers include Walmart, McDonald’s, Whataburger, Hibbett, and Circle K.
Positioned along U.S. Highway 90 at 5001 Bienville Blvd in Ocean Springs, the property offers frontage on a corridor carrying more than 29,600 vehicles per day. Nearby national retailers include Walmart, McDonald’s, Whataburger, Hibbett, and Circle K.
Key Highlights
- 19,097 SF freestanding retail building on 4.37 acres
- Leased to Tractor Supply Co. under an NN lease
- Approximately 15 years remaining on the lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$227,333
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,546,660
$4.5M
Cap Rate 7%
$3,247,614
$3.2M
Cap Rate 9%
$2,525,922
$2.5M
Market Conditions
NOI Build-Up for 19,097 SF
Gross rent
$325.4K $17.04/SF
− Vacancy
−$651 −$0.03/SF
EGI
$324.8K $17.01/SF
− OpEx
−$97.4K −$5.10/SF
NOI
$227.3K $11.90/SF
Area
Jackson County, MS
Vacancy
0.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,546,660
Cap Rate 7%
$3,247,614
Cap Rate 9%
$2,525,922
Alternative Uses
Best Use
Retail
$3.25M
$2.84M – $3.79M
NOI $227,333 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.22M
$4.56M – $6.09M
NOI $365,196 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
29,600 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
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Business Placement
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
$220,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Ocean Springs, MS
Properties on Market for Retail space in Ocean Springs
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail property occupied under an NN lease with renewal options and scheduled rent increases.
Where is this retail space located?
The property is located at 5001 BIENVILLE BLVD Ocean Springs, MS.
What is the asking price?
The asking price for this property is $3,575,000.
What are key features of this property?
This property features: 19,097 SF freestanding retail building on 4.37 acres; Leased to Tractor Supply Co. under an NN lease; Approximately 15 years remaining on the lease
