2585 Pass Rd, Biloxi, MS 39531

Southeast Commercial is pleased to offer For Sale this well positioned investment opportunity located at 2585 Pass Road in Biloxi. The tenant has successfully operated at this location for 40 years, recently signing a new 5-year extension, demonstrating long-term commitment to the site and the surrounding trade area. The property features a 5,772 square foot retail building, originally constructed in 1987, and strategically positioned along Pass Road, one of Biloxi’s primary commercial corridors known for its strong traffic volume and excellent visibility. The investment is offered at a 6.00% cap rate, providing investors with stable, passive income backed by a nationally recognized tenant. The lease structure also includes two renewal options, further extending the potential long-term value of the asset. Option 1 extends through 2035 with monthly rent of $5,395, while Option 2 extends through 2040 with monthly rent of $5,627, offering built-in rental growth and long-term income stability.