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11309 Old Highway 49
Gulfport, MS 39503
GSA Leased Investment IRS Gulfport · Office Property For Sale
Investment Highlights
- 7.50% cap rate on 2025 projected net income
- $70,745 annual renovation reimbursement paid to landlord through December 2029
- Increases of property taxes over a base year reimbursement
- Term through 12/3/2031 / Firm term through 12/3/2029 / Rent escalation last 2 years of term
- 10,905 SF IRS Taxpayer Assistance Center / Single story brick built 2007, renovated 2023, new roof 2024
- Operating expense reimbursement and CPI formula increases
Property Facts
Property Type
Office
Building Size
10,905 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,905 SF
Building FAR
0.10
Lot Size
2.60 AC
Zoning
GB - General business district
Amenities
- Wheelchair Accessible
Property Taxes
| Parcel Number | 0708I-02-003.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $135,786 |
Property Taxes
Parcel Number
0708I-02-003.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$135,786
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