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    280 Eisenhower Dr Biloxi, MS 39531

    Sponsored
    For Lease
    $8 SF/Yr

    125,000 SF Retail Center, Redevelopment underway

    Lot size:
    125,373 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Edgewater Square Shopping Center, located at 280 Eisenhower Drive in Biloxi, Mississippi, presents a compelling investment opportunity. This 125,373-square-foot retail center is undergoing a significant redevelopment, encompassing parking lot repaving and restriping, elevation improvements, and pylon sign refurbishment. The property boasts a prime location at the signalized intersection of Pass Road and Eisenhower Drive, ensuring high visibility and convenient access for customers. Currently, the center features Harbor Freight Tools as an anchor tenant, and is welcoming Picklr, Biloxi's first indoor pickleball facility, as a new anchor tenant. Pass Road, a major commercial artery, runs parallel to US-90, a key thoroughfare along the Mississippi Gulf Coast. The strategic location places the center just one block from the Walmart Supercenter and Edgewater Mall, home to major anchors such as Dillard's, JCPenney, Belk, and Books-A-Million. Adding to its long-term potential, Edgewater Square is adjacent to railroad tracks designated for the future Gulf Coast Rail line, connecting New Orleans and Mobile with stops along the Mississippi coast. The center offers a variety of spaces available for lease, catering to diverse retail needs. The ongoing redevelopment enhances the property's appeal and ensures a modern, attractive shopping environment. This is a rare opportunity to acquire a well-positioned retail center in a thriving coastal Mississippi market. The property consists of three single-story buildings in Harrison County, zip code 39531.

    Property Features for 280 Eisenhower Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    125,373 SF
    Total Rate
    83582

    Building Details

    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    5
    Size
    3,220 SF
    Rate per SF
    $15
    Space
    1
    Size
    15,000 SF
    Rate per SF
    $11
    Space
    8A
    Size
    30,726 SF
    Rate per SF
    $8
    Space
    6
    Size
    1,822 SF
    Rate per SF
    $15
    Space
    2A
    Size
    14,100 SF
    Rate per SF
    $11
    Space
    4
    Size
    1,800 SF
    Rate per SF
    $15

    HighLights

    • 125,373‑square‑foot retail center undergoing redevelopment including parking lot improvements and pylon sign refurbishment.
    • Prime location at signalized intersection of Pass Road and Eisenhower Drive, offering high visibility and convenient access.
    • Anchored by Harbor Freight Tools and a new anchor tenant, Picklr (indoor pickleball facility).
    • Located one block from Walmart Supercenter and Edgewater Mall (Dillard's, JCPenney, Belk, Books‑A‑Million).
    • Adjacent to future Gulf Coast Rail line, enhancing long‑term potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ciggy Outlet Outlet Store Smoke Shore Smoke Shop Hemp Boutique Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.991969627429
    Latitude
    30.399060531673

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    FAQs

    What type of property is this?
    Retail property - 125,000 SF Retail Center, Redevelopment underway
    Where is this retail property located?
    The property is located at 280 Eisenhower Dr Biloxi, MS.
    What is the lease rate?
    The lease rate is $8-$15 SF/Yr.
    What are key features of this property?
    This property features: 125,373-square-foot retail center undergoing redevelopment including parking lot improvements and pylon sign refurbishment.; Prime location at signalized intersection of Pass Road and Eisenhower Drive, offering high visibility and convenient access.; Anchored by Harbor Freight Tools and a new anchor tenant, Picklr (indoor pickleball facility).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    280 Eisenhower Dr Biloxi, MS 39531
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