Listed by Matthews
$1,647,213
Ruby Tuesday - D'Iberville, MS
Details
APN 1408E-01-001.002
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 4,673
Net Rentable (SqFt) 4,673
Cap Rate 7.25%
NOI $119,423
Occupancy 100%
Tenancy Single
Brand/Tenant Ruby Tuesday
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 06/30/2040
Remaining Term 14
Rent Bumps Yes
Lease Options Four (4), 5-year Options
Year Built 2004
Year Renovated 2018
Acreage 1.200
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Walmart Outparcel | $1.6M - 7.25% | Signalized Intersection | Biloxi MSA
Investment highlights
PART OF LARGER PORTFOLIO | AVAILABLE INDIVIDUALLY OR AS A PACKAGE
- Below Market Rent | Walmart Outparcel at Signalized Intersection | 1st Parcel at Interchange - current rent is equal to $26/sf. Positioned at the intersection of Sangani Blvd & Indian River Rd with direct access from I-10 & I-110 split with a combined 97,445+ vehicles per day (VPD), offering great access & visibility to thousands of daily travelers; prime outparcel location on a signalized corner next to a Walmart Supercenter, benefitting from strong daily consumer traffic.
- Consistent Population Growth | MS's Most Populated County | Biloxi-Gulfport MSA - Harrison County is home to over 219,000 residents, the #1 most populated county in the state. Located only 5 miles from the Mississippi coast. D'Iberville is one of the most desirable & dependable growth markets in the Biloxi-Gulfport MSA with strong long-term fundamentals.
- Harrison County 5-Year Population Growth: 4.1%
- Harrison County Average Household Income: $80,923
- Highly-Trafficked Route to New Orleans | Tourist Destination | Direct Access from Interstate - located at the interchange of I-10 & I-110, D'Iberville benefits greatly from increased traffic patterns that is accompanied with beach & casino tourism. Bolstering an average 15.7M+ visitors per year in Harrison County.
- Surrounded by Major National Retailers - including Walmart Supercenter, Lowe's, Target, Kohl's, Marshall's, Chick-fil-A, Whataburger, Starbucks, Chipotle, & more, driving consistent consumer activity & foot traffic.
- Nearby Keesler Air Force Base - one of the U.S. Air Force's key training hubs; home to over 15,000 active air force & family members, including the 81st Training Wing & the 2nd Air Force, which oversees all Air Force tech training.
- Long-Term Absolute NNN Lease - fourteen (14) years remaining in the initial term with an investor friendly lease structure.
- Guarantor: Ruby Tuesday, Inc.
- Term: 14+ years
- Increases: 1.50% Annually (Jan. 1)
- Options: Four (4), 5-year Renewals
- Attractive Building & Lot Size | Future Property Use Flexibility - existing 4,673+ SF building positioned on over 1.20+ AC. Creates future flexibility & various future uses for investors.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,423.00
$9,951.92/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
Map
Zoning
C-3-A MixedMixed UseInterstate District A
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View all 247 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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