Turnkey Retail Asset with Expansion Potential on Mississippi’s Busiest Highway – Gulfport, MS Located at the high-traffic, signalized intersection of Highway 49 and Dedeaux Road in Gulfport, Mississippi, this established retail strip center offers developers a rare dual play: stable income-producing property with build-ready land for expansion—all in the economic engine of the Mississippi Gulf Coast. This 20,912 SF asset is spread across two retail wings—an original 1985 structure and a 2006 addition—both of which have maintained 100% tenant occupancy long-term. The center sits on a hard corner of Hwy 49, the state’s busiest commercial corridor, making it a magnet for traffic, exposure, and leasing stability. Cap Rate is 7.5%! And for those looking to scale: a raw 1.5-acre parcel is included (valued at $350,000), cleared and ready for development, ideal for a pad site, QSR, or retail expansion. Why Gulfport? Mississippi’s second-largest city and a logistics hub with immediate I-10 access. Home to the Port of Gulfport, one of the largest container ports on the Gulf Coast. A strong local economic growth fueled by tourism, military, medical, and retail sectors. No state franchise tax and pro-business climate ideal for long-term investment. Whether your goal is to expand, reposition, or hold for yield, this property delivers day-one income and long-term upside in one of the Gulf South’s most resilient markets.