This Health Care Property is no longer advertised on LoopNet.com.

8970 Lorraine Rd
Gulfport, MS 39503
Memorial Hospital at Gulfport · Health Care Property For Sale · 1 Bed

Investment Highlights

  • Health System Tenant – Memorial Health at Gulfport has over 100 locations and a Moody’s Baa2 credit rating, providing a substantial opportunity
  • Passive Income – Tenant responsibilities include taxes, insurance, and maintenance, an ideal structure for investors seeking passive income
  • Highly Visible – This property is seated on Lorraine Rd, a major roadway in Gulfport that sees nearly 35K VPD, providing a highly visible
  • Advantageous Return – At an 8% return, this asset allows an investor the opportunity to achieve Year 1 positive leverage with today’s interest rates.
  • Various National Brands – Walgreens, Dollar Tree, McDonalds, AutoZone, and Walmart are some of the many national tenants near this asset

Property Facts

Property Type Health Care
Lot Size 0.62 AC
Building Size 3,800 SF
No. Beds 1
No. Stories 1
Year Built 2016

Property Taxes

Property Taxes

Parcel Number
1010D-01-001.011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$61,962
  • Listing ID: 29112445

  • Date on Market: 7/26/2023

  • Last Updated:

  • Address: 8970 Lorraine Rd, Gulfport, MS 39503

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