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10585 Three Rivers Rd
Gulfport, MS 39503
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Three-Building Multi-Tenant Site | 25,500 SF Across 24 Suites
- Significant Vacancy | Strong Value-Add Potential
- Growing Population Base | Gulfport-Biloxi MSA
- High Traffic Retail Corridor | Surrounded by National Retailers
- High Visibility | Strategic Location Less Than 1 Mile from I-10
EXECUTIVE SUMMARY
Offered at $1.53M ($60/SF), this three-building, multi-tenant retail property totals 25,500 SF across 24 suites, with current vacancy of approximately 60%. The asset provides a significant lease-up opportunity and strong value-add potential.
Strategically located less than one mile from I-10 and the 640,000 SF Crossroads Center, the property sits within a dense retail corridor surrounded by national retailers including Walmart, Sam’s Club, and Home Depot. The site offers excellent visibility, prominent signage, and abundant parking, making it well-positioned to attract a diverse tenant mix.
With strong retail fundamentals, a population of over 74,000 within five miles, and access to the larger 400,000+ Gulfport-Biloxi MSA, the property is supported by steady consumer demand and a growing regional economy.
Strategically located less than one mile from I-10 and the 640,000 SF Crossroads Center, the property sits within a dense retail corridor surrounded by national retailers including Walmart, Sam’s Club, and Home Depot. The site offers excellent visibility, prominent signage, and abundant parking, making it well-positioned to attract a diverse tenant mix.
With strong retail fundamentals, a population of over 74,000 within five miles, and access to the larger 400,000+ Gulfport-Biloxi MSA, the property is supported by steady consumer demand and a growing regional economy.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
25,500 SF
Building Class
C
Year Built
1985
Price
$2,107,284 CAD
Price Per SF
$82.64 CAD
Cap Rate
2.88%
NOI
$60,690 CAD
Percent Leased
39%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
2.71 AC
Zoning
B-2
PROPERTY TAXES
| Parcel Number | 0809B-03-001.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $242,497 CAD |
PROPERTY TAXES
Parcel Number
0809B-03-001.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$242,497 CAD
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