$1,455,000
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12450 Shortcut Road Biloxi, MS 39532
Office
Residence
Beds
5
Baths
...
Bed/Bath
14,500
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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.
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MLS#
4079645
Property Type
Office
Bathrooms
Year Built
1997
Square Feet
14,500
sq. ft
Lot Size
1.3
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