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    OFF-MARKET
    Office Spaces

    1511 Bienville Blvd, Ocean Springs, MS 39564

    5,500 SF Built 2021
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a single-tenant, Class A medical office building totaling 5,500 square feet, situated on a 15,000-square-foot lot in Ocean Springs, Mississippi. Constructed in 2021, the property boasts a modern design and is currently 100% occupied under a triple-net (NNN) lease with a prominent healthcare provider. The lease commenced March 1, 2021, and has a remaining term of approximately 6.3 years, extending to February 28, 2031, with two five-year renewal options. The building features 19 parking spaces and offers a strong net operating income (NOI) of $132,000, resulting in a compelling 7.14% capitalization rate. The asking price is $1,850,000, translating to $336.36 per square foot. This stabilized investment presents a low-maintenance, high-return opportunity in a prime medical location, benefiting from its proximity to key healthcare facilities and a growing market. The property's single-tenant occupancy and long-term lease provide significant stability and predictable cash flow for investors. The building's modern construction and excellent condition further enhance its appeal. This is a turnkey investment ready for immediate income generation.

    Property profile
    Verified
    Property type Office Spaces
    Year built 2021
    Total area 5,500 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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