Description
This is a rare opportunity to acquire an established, income-producing single-tenant retail building located directly on Pass Road, one of the most heavily trafficked and desirable commercial corridors on the MS Gulf Coast. With direct frontage and exceptional visibility, this property offers premier exposure and long-term investment stability. Strategically positioned near the high-traffic intersection of Cowan-Lorraine, the property benefits from approximately 30,000 cars passing daily, making it an ideal location for medical, retail, or service-oriented use. The property is occupied by Thriffiley Orthopedic, a well-established tenant that has been in place since October 2011 and continues to operate successfully at this location. With remaining term on the lease, this asset provides stable, predictable income backed by a long-term operating history at the site. Zoned T4+, the property supports a wide range of commercial uses and is surrounded by a strong mix of national and regional retailers, including Walmart Neighborhood Market, Rouses Market, Dunkin' Doughnuts, Walgreens, McDonald's, and Club 4 Fitness, all of which contribute to consistent consumer traffic in the area. Additionally, the property is located near multiple dense residential neighborhoods and apartment communities, further supporting its long-term viability and continued demand. This offering presents an ideal opportunity for investors seeking a stable, income-producing asset in a prime location, with the added benefit of long-term tenant continuity. Don't miss out. Schedule your private tour today!
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0BEDS
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0.34ACRES
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0BATHS
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31/2 BATHS
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3,325SQFT
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$165$/SQFT
School Ratings & Info
Description
This is a rare opportunity to acquire an established, income-producing single-tenant retail building located directly on Pass Road, one of the most heavily trafficked and desirable commercial corridors on the MS Gulf Coast. With direct frontage and exceptional visibility, this property offers premier exposure and long-term investment stability. Strategically positioned near the high-traffic intersection of Cowan-Lorraine, the property benefits from approximately 30,000 cars passing daily, making it an ideal location for medical, retail, or service-oriented use. The property is occupied by Thriffiley Orthopedic, a well-established tenant that has been in place since October 2011 and continues to operate successfully at this location. With remaining term on the lease, this asset provides stable, predictable income backed by a long-term operating history at the site. Zoned T4+, the property supports a wide range of commercial uses and is surrounded by a strong mix of national and regional retailers, including Walmart Neighborhood Market, Rouses Market, Dunkin' Doughnuts, Walgreens, McDonald's, and Club 4 Fitness, all of which contribute to consistent consumer traffic in the area. Additionally, the property is located near multiple dense residential neighborhoods and apartment communities, further supporting its long-term viability and continued demand. This offering presents an ideal opportunity for investors seeking a stable, income-producing asset in a prime location, with the added benefit of long-term tenant continuity. Don't miss out. Schedule your private tour today!