Listing Courtesy of: Holly Gibbs - Berkshire Hathaway HomeServices Preferred, REALTOR 985-951-2324
$1,455,000 affordable loan icon Calculate Payment

12450 SHORTCUT Road Biloxi, MS 39532

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General Commercial Residence
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14,500 Sq. Ft.
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Last updated on 12/30/2024 12:02 PM

Listing Details

Located in the rapidly developing area of Woolmarket, this impressive commercial property comprises three buildings with a total of 10 leases and a spacious laydown yard. Currently, the complex is fully occupied with long-term leases in place, providing a stable income stream for potential investors.... The surrounding area is experiencing substantial growth, with new infrastructure developments, a forthcoming medical complex set to open in 2025, and a thriving mix of restaurants and commercial enterprises. With a current CAP rate of 9% and ample opportunity for rent escalation, this property presents a compelling investment opportunity. Don't miss the chance to explore this prime commercial asset - schedule a tour today to witness its potential firsthand. Continue reading
MLS#
2470073
Property Type
General Commercial
Year Built
1997
Square Feet
14,500 sq. ft
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Listing Courtesy of: Holly Gibbs - Berkshire Hathaway HomeServices Preferred, REALTOR 985-951-2324
Andrea Conner, License BROK.995692987-ACT, Xome Inc., License BROK.0995686178-CORP, AndreaD.Conner @xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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