140 EISENHOWER DR STE B Biloxi MS 39531

JLL is pleased to offer the opportunity to acquire a 5,950 SF three-tenant retail strip center located at 140 Eisenhower Drive in Biloxi, MS, adjacent to Edgewater Mall. Built in 2019, this 100% occupied property generates total annual base rent of $188,747 and features an average remaining lease term of 3.1 years across three industry-leading tenants: Kay Jewelers (Signet Jewelers Limited; NYSE: SIG; S&P: BB-), the world's largest retailer of diamond jewelry; Brick & Spoon, a Southern-inspired casual dining franchise specializing in breakfast and brunch; and Verizon Wireless (NYSE: VZ; S&P: BBB+), the largest wireless telecommunications provider in the United States.​ The property is strategically positioned on an outparcel to Edgewater Mall and a Walmart Supercenter along Beach Boulevard, a highly trafficked retail thoroughfare experiencing over 30,000 vehicles per day.​ The asset benefits from outstanding surrounding demographics in the Biloxi MSA, with over 416,000 residents and average annual household income exceeding $87,000 within a five-mile radius.​ All tenants operate under NN lease structures with staggered expirations spanning 2028 through 2029, and the property features built-in rent escalations providing consistent cash flow growth.​ This investment presents the opportunity to acquire a stabilized, income-producing asset anchored by creditworthy national and regional tenants with excellent real estate fundamentals in a high-growth suburb of the Mississippi Gulf Coast.​

Durable Cash Flow

• The asset features credit tenants with a 3.1-year weighted average lease term. The tenants' lease structure offers staggered contractual NOI growth through varying rent escalations and has substantial upside potential.

Central Location

• Prime Highway Access: Beach Blvd (US-90) frontage with ±30,000 VPD + Eisenhower Drive access (±10,100 VPD); proximity to I-10 and I-110 ensures maximum visibility
• Tourism & Economic Hub: Adjacent to casino district generating $1.2B+ annually; between major resorts (Beau Rivage, Hard Rock, IP Casino); serves Keesler AFB ($1B+ economic impact)

Number One Regional Mall in Mississippi

• #1 regional mall in Mississippi by visitor count; generates 4.2 million+ annual visits
• Only regional mall within 65-mile radius with minimal competition
• Ranks in the top 200 most visited shopping centers in the United States