Fully-Leased Investment Property on Shortcut Road - North Biloxi, MSWelcome to 12450 Shortcut Road, a prime commercial investment opportunity in the heart of North Biloxi. This well-positioned property offers 100% occupancy with established tenants under multi-year leases, providing stable income and a 9% cap rate?making it an excellent addition to any investment portfolio.Located on a high-traffic corridor with excellent visibility and accessibility, this property is surrounded by growing residential and commercial development, and is just minutes from I-10.Property Highlights:Fully leased office spaces with multi-year agreements9% cap rate - strong and stable investment returnExcellent road frontage and visibility on Shortcut RoadConvenient access to I-10 and major commercial routesIdeal for passive investors seeking cash flowStrong surrounding demographics and traffic countsWhether you're looking to diversify your portfolio or secure a high-performing asset in a growing market, 12450 Shortcut Road delivers location, stability, and long-term potential.
Listed By
Agency Name: Crescent Sotheby's International
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
12450 Shortcut Road | MLS# 4115760
This commercial property located at 12450 Shortcut Road, Biloxi, MS 39532 is currently listed for sale with an asking price of $1,455,000. Search Biloxi real estate on www.crye-leike.com today.