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29236117

1760 Medical Park Dr, Biloxi, MS 39532 For Sale

PC
MS MS 23097, TN TN 352970 (+3)
Randall Commercial Group, LLC
ER
MS 19734
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$2,654,406
185 days on market
Updated 2 days ago

US Oral Surgery Management - Medical Office - Biloxi, MS

Details
Property Type Office
Sub Type Medical Office
Square Footage 9,334
Cap Rate 7.15%
NOI $189,790
Occupancy 100%
Tenancy Single
Brand/Tenant US Oral Surgery Management
Lease Type NNN
Lease Term 10
Lease Expiration 10/31/2032
Remaining Term 6.3
Rent Bumps Yes
Lease Options Three (3), Five (5) Year Options
Price per SqFt $284
Class A
Acreage 1.000
Investment Type Net Lease
Lease Commencement 11/01/2022

Office | 7.15% CAP | 9,334 SqFt

Marketing description

Randall Commercial Group, LLC is pleased to offer for sale a single-tenant medical investment property located in Biloxi, Mississippi. This investment opportunity is fully leased to U.S. Oral Surgery Management (USOSM), which has approximately 6.5 years remaining on a NNN lease. USOSM is the first and largest U.S. company dedicated exclusively to oral and maxillofacial surgery management, partnering with 260+ board-certified surgeons across 220+ locations in 31 states. The property has excellent visibility from I-10 in a strong medical and commercial thoroughfare.

Investment highlights

Long-Term Lease: Fully leased to U.S. Oral Surgery Management (USOSM) with approximately 6.5 years remaining on a NNN lease featuring 3% annual increases.

Established & Growing Tenant: Established in 2017, USOSM is the largest U.S. company dedicated exclusively to oral and maxillofacial surgery management, partnering with 260+ board-certified surgeons across 220+ locations in 31 states.

Excellent Visibility & Demographics: Approximately 80,000 vehicles per day (VPD) on I-10 near the property and a population of over 72,500 within a 5-mile radius (Source: MDOT).

Gulf Coast Oral & Facial Surgery: The longstanding practice partnered with industry leader USOSM in 2023 for enhanced stability and growth in a prime Cedar Lake medical hub near major providers like Memorial Health System.

Listing Contacts

PC
MS MS 23097, TN TN 352970 (+3)
Randall Commercial Group, LLC
ER
MS 19734
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$189,790.00
$15,815.83/mo

Valuation Metrics

0
DSCR
7.15%
Cap Rate
7.15%
ROI

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Additional Information

Name
Port Campany
License
MS 23097
Brokerage
Randall Commercial Group, LLC
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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