10545 US 49, Gulfport, MS 39503 For Sale

As exclusive advisor, Newmark is pleased to present the opportunity to acquire the leasehold interest in Best Buy Park – a 38,132 square foot best-in-class shopping center located in Gulfport, Mississippi. Anchored by investment grade retailer Best Buy, the subject property is comprised of five tenants with 76% of the gross income being derived from national tenants.

Serving the trade area since 2008, Best Buy Park features signalized access shared with a Chick-fil-A and is adjacent to Mississippi’s top performing Sam’s Club (Source: PlacerAI). Moreover, the property boasts a 56,877 VPD traffic count and is less than a half a mile north of Interstate-10. Other prominent retailers in the immediate corridor include Walmart, TJ Maxx, Home Depot, ULTA, Belk, Ross Dress for Less, Academy Sports, Michael’s, PetSmart, Hobby Lobby, Office Depot, Books A Million, Starbucks, Old Navy, and many others. Combined with Best Buy’s strong performance, the property’s prime signalized location and high-growth market, Best Buy Park is poised to deliver strong investor returns for years to come.