8.4% Cap Rate 100% Occupied NNN Investment
COMMODORE PLAZA | WALMART SHADOWANCHORED INVESTMENT OPPORTUNITY
Marketing description
Introducing an exceptional opportunity for retail and strip center investors, this 50,500 SF building in Gulfport, MS boasts a Walmart shadow-anchored location on the prime retail corridor of HWY 49. With pylon signage on Hwy 49, 225 parking spaces, and a strategic position near a signalized intersection, this property enjoys 100% occupancy and offers a great return on investment. Situated in close proximity to popular retail destinations such as Crossroads Center and Gulfport Premium Outlets, this premier location offers a high-traffic, highvisibility setting for retail and strip center investors seeking a thriving market in Gulfport, MS. Tenant Mix: Formula Fun Adventure Park and Racing A premier family entertainment destination offering an expansive lineup of attractions including slides, rock walls, ball pits, dodgeball courts, and racing experiences. This high-energy venue drives repeat visitation and consistent customer traffic to the center, making it a strong anchor. The lease is corporately guaranteed and backed by multi units. Lumber Liquidators Flooring A nationally recognized specialty retailer of hardwood flooring and accessories. Serving both homeowners and contractors, the company offers hardwood, engineered hardwood, laminate, resilient vinyl, bamboo, cork, and a full range of flooring enhancements and installation services. The brand’s established footprint and multichannel platform provide long-term retail stability. Wells Fargo One of the nation’s leading financial institutions, offering comprehensive banking, lending, and financial services. As a nationally recognized credit tenant, Wells Fargo provides stability and long-term strength to the asset’s tenant mix.
Investment highlights
- Fully Occupied
- Walmart Shadow-Anchored Location
- Located on the Main Retail Corridor (HWY 49) in Gulfport, MS
- Pylon Signage on HWY49
- 225 Parking Spaces
- Located Near a Signalized Intersection
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