$750,000
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1707 Pass Road Biloxi, MS 39531
General Commercial
Residence
Beds
Baths
...
Bed/Bath
20,386
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Turnkey investment opportunity located just half a mile from the main gate of Keesler Air Force Base. This high-visibility property sits on a 0.25-acre near corner lot at the intersection of Pass Road and Rodenberg Avenue--one of Biloxi's most heavily trafficked commercial corridors.The property fea...tures two buildings: a recently remodeled 4,400-square-foot structure divided into two suites, complete with a new roof, updated mechanical systems, a drop ceiling, and fresh interior finishes. The second structure is a 4,800 square foot metal building equipped with four roll-up bays, ideal for industrial, service, or automotive use.All three units are leased under newly executed five-year triple net (NNN) leases, each with personal guarantees in place. The property generates a net annual income of $59,580, offering a strong return for investors. At a projected price of $750,000, this asset reflects an approximate cap rate of 7.94%.This is a fully stabilized investment with no deferred maintenance in a high-demand area. Perfect for buyers seeking immediate cash flow in a growth market.
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MLS#
4125996
Property Type
General Commercial
Year Built
1955
Square Feet
20,386
sq. ft
Lot Size
0.47
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