11022 Highway 49 | Gulfport, MS 39503
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- LoopNet Team
11022 Highway 49
Gulfport, MS 39503
CVS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Nearby Developments – The city of Gulfport is currently undergoing a $55 Million mixed-use project downtown with 250 new luxury apartments – 10 mins.
- Strategic Location – The site is located on Highway 49 which captures over ±48,100 vehicles per day. Nearby retailers include Walgreens, Chick-Fil-A.
- Zero Landlord Responsibilities – The lease is absolute NNN with no landlord responsibilities. The tenant is responsible for common area maintenance.
- Recently Extended Lease – In 2020 CVS had executed their first option period from the original 20-year lease term. Then in 2022.
- Hospital Synergy – The property benefits tremendously from Singing River Gulfport Hospital, which contains 130 beds.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,908 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.75 AC
Zoning
5380 - Store, Commercial
Parking
48 Spaces (4.4 Spaces per 1,000 SF Leased)
Frontage
452’ on U.S. 49
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 0808M-01-008.003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $184,120 |
PROPERTY TAXES
Parcel Number
0808M-01-008.003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$184,120
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