3865 Denny Ave Pascagoula, MS 39581
This exceptional investment opportunity presents a brand-new, 2,230 square foot Starbucks located in Pascagoula, Mississippi. Situated on approximately one acre, this single-tenant property boasts a 10-year net lease with a credit-rated tenant, offering significant long-term stability. The lease commenced October 30, 2024, and expires February 28, 2035, with six, five-year renewal options. Rent increases by 10% every five years, ensuring consistent income growth. The property benefits from its strategic location on US Highway 90, providing high visibility and accessibility to approximately 31,000 vehicles per day. This outparcel is part of a larger, approximately $20 million retail development and is adjacent to a high-traffic Walmart Supercenter, attracting an estimated 2.7 million annual visitors. The property's strong location, coupled with the established Starbucks brand and favorable lease terms, makes this a compelling investment with a 6.15% cap rate and a Net Operating Income (NOI) of $149,968. The building was constructed in 2025 and enjoys 100% occupancy. This investment is further strengthened by the significant increase in daytime population within a one-mile radius, enhancing the long-term potential of this prime retail location. The tenant is investment grade (S&P: BBB+).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.