Stabilized Commercial Asset Near Keesler AFB 1707 Pass Rd 9,200 SF 100% Leased Retail Building Biloxi, MS 39531 $1,046,940 CAD ($113.80 CAD/SF) 7.94% Cap Rate

The current parcel # does not indicate the subdivision. 9200 sq ft includes both the retail space and the shop in the back of the property. Buyer and buyer agent to verify all details.
Public Remarks: Turnkey investment opportunity located just half a mile from the main gate of Keesler Air Force Base on .46 acre lot. This high-visibility property sits on a corner lot at the intersection of Pass Road and Rodenberg Avenue—one of Biloxi's most heavily trafficked commercial corridors. The property features two buildings: a recently remodeled 4,400-square-foot structure divided into two suites, complete with a new roof, updated mechanical systems, a drop ceiling, and fresh interior finishes. The second structure is a 4,800 square foot metal building equipped with four roll-up bays, ideal for industrial, service, or automotive use. All three units are leased under newly executed five-year triple net (NNN) leases, each with personal guarantees in place. The property generates a net annual income of $59,580, offering a strong return for investors. At a projected price of $750,000, this asset reflects an approximate cap rate of 7.94%. This is a fully stabilized investment with no deferred maintenance in a high-demand area. Perfect for buyers seeking immediate cash flow in a growth market.