105 Hardy Court Shopping Ctr - Storefront FOR SALE


Gulfport, MS 39507
$11,097,600 USD
225-329-0269
105 Hardy Court Shopping Ctr, Gulfport, MS for Sale
$11,097,600 USD
Storefront - FOR SALE
1/9
null | 9% Cap Rate

105 Hardy Court Shopping Ctr
Gulfport, MS 39507


HIGHLIGHTS

  • Diverse National & Regional Tenant Mix
  • High-traffic Gulfport Retail Corridor
  • Strong In-Place Cash Flow
  • Significant Leasing Upside
  • Multiple Redevelopment & Expansion Opportunites
  • Prime Surrounding Demand Drivers

OVERVIEW

Call For Offers: August 28, 2026, 2pm CST. Submit all offers to Justin Langlois Hardy Court Shopping Center is a 268,428 SF multi-tenant retail center on 35.591 acres in Gulfport, Mississippi, anchored by Goodwill, Froogel's Cost + Foods, Dollar General, Circle K, Firestone, and Renasant Bank. Diverse national and regional tenancy supports durable in-place cash flow, with upside through lease-up, outparcel repositioning, and two adjacent development parcels. Tenant Mix & Stability: The center is anchored by a diverse group of national and regional tenants, including Froogel’s Cost + Foods, Dollar General, Circle K, Firestone, O’Reilly Auto Parts, Goodwill, Renasant Bank, and others. This mix provides durable cash flow and consistent daily traffic. Current occupancy stands at 212,633 SF, with 55,795 SF of leasable vacancy offering meaningful upside. A significant portion of the vacancy is concentrated in just two large spaces, creating an outsized vacancy figure that can be quickly reduced through targeted leasing. Value-Add & Development Potential: Seven (7) existing outparcels, coupled with the ability to add additional pad sites, offer flexibility to reconfigure tenants, capture market-rate ground leases, and create long-term value Two development parcels: Provide flexibility for new retail, restaurant, or medical development supporting both near-term and long-term value creation ±2.4-acre retail development site ±3.0-acre excess land parcel Market Strength: Gulfport continues to experience steady population growth and benefits from a diversified economic base, including tourism, military, healthcare, shipbuilding, and aerospace. The surrounding trade area features a dense mix of national retailers, reinforcing Hardy Court’s position as a long-established retail corridor.

FOR SALE DETAILS

PRICE

$11,097,600 USD

PRICE/SF

$43 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hardy Court Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

1126

LAND DETAILS

LAND ACRES

35.59 AC

LAND SF

1,550,300 SF

ZONING

B-2

APN/PARCEL ID

0910O-01-001.000

ASK ABOUT THIS PROPERTY

Justin LangloisStirling PropertiesMore Info
225-329-0269

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Justin LangloisStirling PropertiesMore Info
225-329-0269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.