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Lakeview Village Retail Portfolio 3 Retail Properties Offered at $22,892,158 CAD in Diberville, MS

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Investment Highlights

  • Value-add possibility through leasing the remaining vacant units
  • Limited e-commerce exposure; tenancy focused on necessity-based and experiential uses
  • Average WALT of 6.10 years across the portfolio

Executive Summary

Lakeview Village offers investors the opportunity to acquire a well-located, multi-property neighborhood retail portfolio generating immediate cash flow at an attractive 8.11% going-in cap rate on $1.36 million of in-place NOI, with additional upside through lease-up and contractual rent growth. The portfolio totals 91,867 square feet across three strategically positioned centers and is anchored by a diversified mix of service-oriented, necessity-based tenants—including medical, dental, financial services, fitness, and food & beverage—minimizing exposure to e-commerce disruption and reducing single-tenant concentration risk. Located within one of the Gulf Coast’s most active commercial corridors, the portfolio is underpinned by exceptional market fundamentals driven by Keesler Air Force Base, the Naval Construction Battalion Center, and the expanding Biloxi–D'lberville gaming and tourism economy, which together provide a resilient employment base and sustained consumer demand. Immediate proximity to Interstate 10 and Interstate 110, top-performing regional retailers, and planned casino developments further enhances traffic generation and long-term rent growth potential, positioning Lakeview Village as a stable, income-oriented investment with meaningful embedded upside.

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Property Facts

Price $22,892,158 CAD
Price / SF $238.89 CAD / SF
Cap Rate 8.11%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 95,829 SF
Total Land Area 15.87 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3179 Mallett Rd, Diberville, MS 39540 Retail 41,467 SF 2008 -
The Shops at Lakeview
11505 Cinema Dr, Diberville, MS 39540
Retail 27,520 SF 2008 -
phase V
11516 Lamey Bridge Rd, Diberville, MS 39540
Retail 26,842 SF 2007 -
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  • Listing ID: 39414640

  • Date on Market: 2026-02-12

  • Last Updated:

  • Address: Lakeview Village Retail Portfolio, Diberville, MS

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