3586 Sangani Blvd, Diberville, MS 39540-8704
- Strip malls
- 35,857 SF
- 4.60 lot acres
Current Use by Public Records
- Cloud 9 Vapes / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
- Bio-One / (Bike/Boat/Book/etc) Store
- Community Choice Financial / Bank / Credit Union
- Ben The Bondsman / Law Firm
- YJ Empowerment Solutions / Consultant
Property Details for 3586 Sangani Blvd
- Year built
- 2005
- Lot size
- 4.60 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 1408E-01-001.014
- APU
- 1408E01001014
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 25, 2022 | — | Pklb LLC | — | Deed · related | $7.4M · United Mississippe Bank |
| Jan 20, 2021 | — | Green Towers LLC | Long Land Investments INC | Quitclaim Deed · related | — |
| Nov 13, 2020 | — | Pklb LLC | — | Deed · related | $5.7M · United Mississippe Bank |
Description
This exceptional Class A, 65,860 square foot shopping center in D'Iberville, Mississippi, presents a compelling investment opportunity. Currently 100% occupied with 22 tenants, including nationally recognized brands like Outback Steakhouse, H&R Block, and Twin Peaks, this stabilized property boasts a strong pro-forma NOI of $1,100,917 and a 7.86% cap rate. The property features two single-story buildings constructed in 2007, situated on 8.364 acres with 565 parking spaces. Located at a signalized intersection with high daily traffic counts (78,000), it benefits from its proximity to a Walmart Supercenter and other major retailers, including a shadow anchor, Academy Sports + Outdoors, driving significant foot traffic. The property is zoned C-3 (ID-A) and offers future value-add potential through upcoming lease renewals. The strong demographics of the area, with an average household income significantly above the state average, further enhance its investment appeal. Separate tax parcels offer flexibility for future investment strategies. The asking price is $14,000,000, representing a price per square foot of $212.57. This property is a fee simple ownership with a NNN lease structure. The Tesla Supercharger station on the property adds further value and traffic generation.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Diberville
- County
- Harrison
- State
- Mississippi
- Longitude
- -88.8941
- Latitude
- 30.4592
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
