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Property profile & analytics
FOR LEASE
Super regional malls

280 Eisenhower Dr Biloxi, MS 39531

61,239 SF 8.3 ac lot Built 1978
Entity Owned Absentee Owner Free & Clear
Property ID
US50-0107359
Property summary
AI-generated overview

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 profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1978
Total area 61,239 SF
Lot 8.3 ac (361,548 SF)
APN 1110F-02-006.000
UPID US50-0107359
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
Current use
Occupant on record · Public records
  • Ciggy Outlet Discount Store Clothing & Fashion Store
  • Smoke Shore (Bike/Boat/Book/etc) Store
  • Hemp Boutique Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
MISSISSIPPI EDGEWATER SQUARE INVEST
MISSISSIPPI EDGEWATER SQUARE INVEST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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