12261 Highway 49
Gulfport, MS 39503
Acadian Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100 Percent of the tenants at Acadian Plaza pay their pro rata share of expenses, including Real Estate Taxes, Insurance, CAM and Management.
- Located in Heart of Gulfport - Direct frontage on US Highway 49, the main north-south corridor connecting all of central Mississippi to the beaches.
- Recession Resistant Market - Kessler AFB and the Naval Construction Battalion located at the heart of the Gulfport community.
- Replaceable Rental Rates - The average base rent at Acadian Plaza is only $13.76 per square-foot, which is one of the lowest rates in the market.
- Strong occupancy history and tenant mix with 72% of the GLA having been in occupancy for greater than 10 years or being leased by a corporate tenant.
- Location, Location, Location - Gulfport is conveniently located only 60 miles east of New Orleans and 13 miles west of Biloxi.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
37,587 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
4.10 AC
Zoning
C-1
Parking
108 Spaces (2.87 Spaces per 1,000 SF Leased)
Frontage
726 FT on Amanda Way
PROPERTY TAXES
| Parcel Number | 0808E-04-001.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $365,597 |
