2511 Ingalls Ave
Pascagoula, MS 39567
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long term national tenant
- Priced below maintenance cost
- Prime location
- Rent is below market rate
EXECUTIVE SUMMARY
Exceptional opportunity to acquire a single-tenant Dollar General property located at 2511 Ingalls Avenue, Pascagoula, MS. This free-standing retail building is situated in a prime location, offering a stable income stream backed by a nationally recognized tenant. The property features a long-term lease with a corporate-guaranteed tenant and minimal landlord responsibilities, making it a low-maintenance and highly desirable investment. With its strategic location in a high-traffic area near residential neighborhoods and major employers, this asset ensures consistent customer demand and long-term value.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
16,500 SF
Building Class
B
Year Built
2011
Price
$882,758
Price Per SF
$53.50
Cap Rate
7.25%
NOI
$64,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.55 AC
Zoning
SFR10
Frontage
453’ on Bel Air
PROPERTY TAXES
| Parcel Number | 4-04-07-008.000 | Improvements Assessment | $90,302 |
| Land Assessment | $9,257 | Total Assessment | $99,559 |
