Hardy Court Shopping Center 105 Hardy Court Shopping Ctr 268,428 SF 79% Leased Retail Building Gulfport, MS 39507 $11,097,600 ($41.34/SF) 9% Cap Rate

Call For Offers: August 28, 2026, 2pm CST. Submit all offers to Justin Langlois
Hardy Court Shopping Center is a 268,428 SF multi-tenant retail center on 35.591 acres in Gulfport, Mississippi, anchored by Goodwill, Froogel's Cost + Foods, Dollar General, Circle K, Firestone, and Renasant Bank. Diverse national and regional tenancy supports durable in-place cash flow, with upside through lease-up, outparcel repositioning, and two adjacent development parcels.
Tenant Mix & Stability: The center is anchored by a diverse group of national and regional tenants, including Froogel’s Cost + Foods, Dollar General, Circle K, Firestone, O’Reilly Auto Parts, Goodwill, Renasant Bank, and others. This mix provides durable cash flow and consistent daily traffic. Current occupancy stands at 212,633 SF, with 55,795 SF of leasable vacancy offering meaningful upside. A significant portion of the vacancy is concentrated in just two large spaces, creating an outsized vacancy figure that can be quickly reduced through targeted leasing.
Value-Add & Development Potential:
Seven (7) existing outparcels, coupled with the ability to add additional pad sites, offer flexibility to reconfigure tenants, capture market-rate ground leases, and create long-term value
Two development parcels: Provide flexibility for new retail, restaurant, or medical development supporting both near-term and long-term value creation
±2.4-acre retail development site
±3.0-acre excess land parcel
Market Strength: Gulfport continues to experience steady population growth and benefits from a diversified economic base, including tourism, military, healthcare, shipbuilding, and aerospace. The surrounding trade area features a dense mix of national retailers, reinforcing Hardy Court’s position as a long-established retail corridor.