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PJ's Coffee of New Orleans (STNL) 9347 Highway 49 2,808 SF Retail Building Gulfport, MS 39503 $1,850,000 ($658.83/SF) 6.49% Cap Rate
Investment Highlights
- 42,000+ VPD (Primary commuter/tourism artery)
- Interstate 10 (0.5 mi south): 60,000 – 70,000+ VPD (Dominant east-west regional travel and logistical corridor).
- Situated directly across the street from Walmart Supercenter (#915):Consistently ranks as one of the highest-trafficked Walmart locations in MS.
- Memorial Hospital Gulfport (3 mi): One of the largest health systems and employers on the Gulf Coast, driving heavy daily daytime population.
- Gulfport Premium Outlets (0.5 mi): Open-air regional mall attracting millions of shoppers annually.
Executive Summary
10-Year Absolute NNN Lease- 10% Rate Increase Yr 6-10.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,808 SF
Building Class
C
Year Built/Renovated
1991/2026
Price
$1,850,000
Price Per SF
$658.83
Cap Rate
6.49%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.45 AC
Zoning
B-4 - Highway Business District, designed primarily to accommodate heavy-commercial, high-traffic, and service-oriented businesses.
Frontage
100’ on US 49
Amenities
- Pylon Sign
- Restaurant
- Wheelchair Accessible
- Air Conditioning
- Cafe
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Jan 0000
PJ's Coffee of New Orleans began in 1978 in New Orleans, founded by Phyllis Jordan, and the brand built its identity around small-batch roasting and a cold-drip process that reduces acidity. PJ's Coffee offers hot, iced, frozen, and blended drinks alongside beignets, pastries, food, catering, and online ordering through café locations. PJ's Coffee also supports a franchise business and sells packaged coffee, chicory, and other home-brew products through its retail shop, extending the brand beyond cafés.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | 99,999 SF | - | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0809K-02-008.002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $78,739 |
Property Taxes
Parcel Number
0809K-02-008.002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$78,739
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