713-417-1835
2650 Beach Blvd, Biloxi, MS for Sale
Storefront - FOR SALE
1/64
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2650 Beach Blvd
Biloxi, MS 39531


HIGHLIGHTS

  • Acquiring the Property below replacement cost offers investors a valuable entry point while mitigating risk
  • Value-add potential exists through the recently signed Smalls Sliders and future pad development on Eisenhower Drive
  • Prime location has made it the top destination for retailers within the trade area
  • Located within the retail epicenter of Mississippi’s Gulf Coast, a trade area anchored by the 867,000 SF Edgewater Mall
  • Shadow-anchored by a Walmart Supercenter directly behind the Property that can be accessed through shared adjacent parking

OVERVIEW

Edge Capital Markets is pleased to present the opportunity to acquire Edgewater Village (“Property”), a 138,175 square-foot community shopping center in Biloxi, Mississippi. The Property is situated along US-90 and along Beach Boulevard and Eisenhower Drive, a high-traffic corridor in an area with significant barriers to entry based on the prime location on the Gulf of Mexico. Edgewater Village is 93% leased and anchored by Dollar Tree, Hibbett Sports, America’s Thrift and Furniture City, along with a diverse collection of e-commerce-resistant and complimentary tenants, promoting cross-shopping and an enduring consumer appeal. The opportunities to monetize the recently signed Smalls Sliders and develop future pad buildings on Eisenhower Drive and Beach Boulevard create the opportunity to monetize additional value.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Edgewater Village

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

638

LAND DETAILS

LAND ACRES

13.7 AC

LAND SF

596,772 SF

ZONING

Commercial

APN/PARCEL ID

1110M-01-001.000

ASK ABOUT THIS PROPERTY

Kevin HollandEDGE Realty PartnersMore Info
713-417-1835

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Kevin HollandEDGE Realty PartnersMore Info
713-417-1835

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