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baths: ¾: 5 bathdetails: Array ( [0] => ¾: 5 )

12450 Shortcut Road
Biloxi, MS 39532
Holly J Gibbs with Berkshire Hathaway HomeServices Preferred Properties, original listing - (228) 896-6060

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Property Details


List Price: $1,455,000
Beds: --
Baths: ¾: 5
Status: Active
SqFt: 14500 Square Feet
Agency: Berkshire Hathaway HomeServices Preferred Properties
Agency Phone: (228) 896-6060

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Description/Comments


Lot Size: 1 acre(s)
Property Type: Commercial Sale-Office
Year Built: 1997
Notes: Located in the rapidly developing area of Woolmarket, this impressive commercial property comprises three buildings with a total of 10 leases and a spacious laydown yard. Currently, the complex is fully occupied with long-term leases in place, providing a stable income stream for potential investors. The surrounding area is experiencing substantial growth, with new infrastructure developments, a forthcoming medical complex set to open in 2025, and a thriving mix of restaurants and commercial enterprises. With a current CAP rate of 9% and ample opportunity for rent escalation, this property presents a compelling investment opportunity. Don't miss the chance to explore this prime commercial asset - schedule a tour today to witness its potential firsthand.
MlsNumber: --
ListingId: 4079645


Listing Provided By: Berkshire Hathaway HomeServices Preferred Properties, original listing
Phone: (228) 697-3714
Office Phone: (228) 896-6060
Agent Name: Holly J Gibbs
Disclaimer: Copyright © 2024 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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