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    OFF-MARKET
    Retail properties & Spaces

    14405-A Stenum St, Biloxi, MS 39532

    10,000 SF 0.67 ac lot Built 2003
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A, 10,000 square foot storefront, located at 14405-A Stenum Street in Biloxi, Mississippi, presents a compelling net lease investment opportunity. The property, built in 2003 and boasting a 10-foot ceiling height, is situated on a 0.67-acre lot (APN: 0-50-60-550.000) and zoned C-3. Currently 100% occupied by a franchisee tenant, this single-unit building generates a strong net operating income (NOI) of $80,820, resulting in a 5.39% cap rate. The asking price is $1,500,000. Significant upgrades were completed in 2015, adding 3,000 square feet and enhancing the building's functionality with new offices, flooring, doors, and windows. The property features a modern showroom, elegant glass-walled conference rooms, ample private offices, two kitchenettes, multiple private bathrooms, and electrical rooms. Convenient front parking is available for customers, along with secure rear parking for employees or inventory. The adjacent 1,900 square foot lot provides high-profile Interstate visibility, ideal for showcasing products and maximizing brand exposure. This is a rare opportunity to acquire a high-performing, well-maintained commercial property in a prime Biloxi location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2003
    Total area 10,000 SF
    Lot 0.67 ac (29,185 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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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