4001 Denny Ave Pascagoula, MS 39581
- Commercial real estate
- 8,856 SF
- 1.06 lot acres
Current Use by Public Records
- Mary Oyeleye / Dentist
- OneMain Financial / Loan Agency
- AT&T Store / Cell Phone Store / Cell Phone Accessory Store
- Aspen Dental - Pascagoula, MS / Dentist
- Gary Keeler / Dentist / Practitioner Service Location
Property Details for 4001 Denny Ave
- Year built
- 2017
- Lot size
- 1.06 lot acres
- Property size
- 8,856 SF
- Property type
- Commercial real estate
- APN
- 40206042.200
- APU
- 40206042200
Description
This exceptional 8,400 square foot shopping center in Pascagoula, Mississippi, presents a compelling investment opportunity. Located at 4001 Denny Ave, this single-story, 1.06-acre property boasts a strong lineup of national tenants including Aspen Dental, AT&T, OneMain Financial, and Holiday Cannabis, all operating under NNN leases. The center enjoys 100% occupancy, generating a substantial net operating income (NOI) of $260,174, translating to a 6.52% cap rate at an asking price of $3,990,000 ($475/sq ft). Built in 2017, the property is in excellent condition and features ample parking (50 spaces). Long-term leases are in place, incorporating rent bumps upon renewal, ensuring consistent and growing income. The property benefits from its location near a Walmart Supercenter, providing significant traffic and visibility. This is a rare opportunity to acquire a well-positioned, high-performing retail investment with exceptional tenant credit and a secure financial outlook. The four units are situated in one building, offering ease of management and maintenance. This is a turnkey investment ready for immediate income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pascagoula
- County
- Jackson
- State
- Mississippi
- Longitude
- -88.5201
- Latitude
- 30.3833
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
