Logo

Lakeview Portfolio

Diberville, MS, 39540

$14,656,000

Sale Price

Property 1
For Sale
Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10
Thumbnail 11
Thumbnail 12
Thumbnail 13
Thumbnail 14
Thumbnail 15
Thumbnail 16
Thumbnail 17
Thumbnail 18
Thumbnail 19
Thumbnail 20
Thumbnail 21
Thumbnail 22
Thumbnail 23
Thumbnail 24
Thumbnail 25
Thumbnail 26
Thumbnail 27
Thumbnail 28
Thumbnail 29

Property Details

Sale Price$14,656,000
Year Built2008
Property TypeRetail
Building Size42,291 SF

Property Description

Introducing an exceptional portfolio investment opportunity in the Gulfport-Biloxi, MS MSA, offering a strong 8.90% cap rate and $1,304,405 in NOI across three well-positioned retail centers. Spanning 91,867 SF, the portfolio includes Lamey Bridge (26,400 SF), Mallett Road (41,467 SF), and Cinema Drive (24,000 SF), and boasts a healthy 92.3% occupancy with a diverse tenant mix featuring national and regional names such as Fleet Feet, Papa John's, Keesler Federal Credit Union, and Encore Rehabilitation. Strategically located at the major I-10/I-110 intersection, the properties benefit from millions of annual visitors along with monument signage exposure along the high-traffic Mallett Road and Cinema Drive corridors. Proximity to Keesler Air Force Base and the Navy Construction Battalion Center — together representing over 31,000 personnel — provides a counter-cyclical employment base, while the region's standing as the 5th largest U.S. casino market, with a $4.1B hospitality economic impact, underscores the area's economic resilience. With flexible C-3 zoning across all three properties, this portfolio presents a compelling opportunity for investors seeking stable income backed by a diversified, high-traffic retail footprint.

Location

Loading map...

Jordan Collier

Jordan Collier

Managing Director

Will Owen

Will Owen

Investment Associate

View Agent ProfileGA #452061
Luke Henderson

Luke Henderson

Associate

Interested in This Property.

Request More Info

Share

Explore More Opportunities Nearby

See More Listings in Diberville, MS
Property
For SaleFor Lease
$1,550,000|11,200 SF|Retail
Jonathan Aceves, CCIM, MBA
Jonathan Aceves, CCIM, MBA
Property
For Lease
Washington PlazaWashington, GA, 30673
Lease Available|93,842 SF|Retail
Mark Pritchett
Mark Pritchett
Property
For Sale
$449,000|3,726 SF|Retail
Charlie Moye
Charlie Moye
Property
For Lease
Lease Available|9,000 SF|Retail
Jonathan Aceves, CCIM, MBA
Jonathan Aceves, CCIM, MBA