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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24907474
24907475

12242 Ms-67 Shriners Boulevard, Biloxi, MS 39532

Coldwell Banker Commercial Alfonso Realty, Inc. Pascagoula
Listed by Coldwell Banker Commercial Alfonso Realty, Inc. Pascagoula
$1,300,000
323 days on market
Updated 67 days ago

12242 Ms-67 Shriners Boulevard

Details
Property Type Retail
Sub Type Storefront
Square Footage 4,500
Net Rentable (SqFt) 4,500
Units 1
Cap Rate 7.54%
NOI $98,000
Brand/Tenant Pizza Hut
Lease Type Gross
Lease Term 5
Remaining Term 5
Rent Bumps Yes
Lease Options yes
Class A
Year Built 2025
Year Renovated new
Buildings 1
Stories 1
Acreage 1.500
Zoning Commercial
Parking Spaces 15 spaces
Parking Per SqFt 3.33
Investment Type Stabilized
Lease Commencement 03/17/2026
Occupancy Date 03/17/2026
Ground Lease No
Ownership Franchise

Retail | 7.54% CAP | 4,500 SqFt

Marketing description

New income producing strip center for sale. A & B are leased currently with C available. Unit C has a drive thru window and is also for lease MLS #4097812 $3,200/month.
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Listing Contacts

Coldwell Banker Commercial Alfonso Realty, Inc. Pascagoula
Listed by Coldwell Banker Commercial Alfonso Realty, Inc. Pascagoula

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$98,000.00
$8,166.67/mo

Valuation Metrics

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DSCR
7.54%
Cap Rate
7.54%
ROI

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