Property profile

3943 Denny Ave Pascagoula, MS 39581

OFF-MARKET
Manufacturing properties
Property ID
US50-0322539
96,639 SF 8.68 ac lot Built 1993
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a brand-new, 56,986 square foot, Class A shopping center in Pascagoula, Mississippi. Completed in 2024, the single-story, four-tenant property boasts a 100% occupancy rate with fresh, ten-year leases in place for all tenants. Anchored by TJ Maxx and Burlington, and shadowed by ALDI, this power center features a strong national tenant lineup. Strategically located on US 90, the property benefits from an impressive average daily traffic count exceeding 29,000 vehicles. Its prime location within Pascagoula's primary retail node places it in close proximity to other major retailers, including Walmart, Lowe's, Planet Fitness, Staples, Big Lots, and Bealls. Furthermore, the center enjoys proximity to significant employment centers such as Ingalls Shipbuilders, Chevron Refinery, and Singing River Hospital, a 435-bed facility. The property features 295 parking spaces and is zoned RC (Regional Commercial). With a Pro-Forma NOI of $876,786, this asset offers investors a compelling opportunity to acquire a core+ investment in a thriving, high-growth market. The property's strong fundamentals, national tenant mix, and strategic location combine to create a highly desirable investment opportunity. This is a rare chance to acquire a newly constructed, fully occupied shopping center with long-term leases and significant upside potential.

Property profile

Verified
Property type Manufacturing properties
Use group FOUNDRY, INDUSTRIAL PLANT
Year built 1993
Total area 96,639 SF
Lot 8.68 ac (378,101 SF)
APN 40206036.070
UPID US50-0322539

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

3943 Denny Ave Pascagoula, MS 39581-5425
Pascagoula metro Census 41900 GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.34M
Blend (final) Blend
$1.34M

Owner & transaction history

since 2019
3 recorded transactions
2022
Price N/A
2021
Price N/A
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $8.4M +55.0%
Auto repair, garage $7.4M +35.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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