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504 Highway 90
Waveland, MS 39576

$1,980,000 USD

Freestanding For Sale  •  4,080 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 4,080 SF
  • Lot Size 2.25 AC
  • Building Class B
  • Year Built 2023
  • Tenancy Multiple
0 Transit Score
43 Walk Score

Highlights

Attractive Lease Terms; Leased to T-Mobile (S&P: BBB) and Tropical Smoothie with both tenants operating on 10-year net-leases
Brand-New Construction; High quality 4,080 square foot dual-tenant retail building that was completed in 2023
Asset is situated along the main retail thoroughfare of Waveland along HWY-90 which sees 27,004 VPD and is shadow anchored by Walmart
Hedge Against Inflation; Both tenants’ leases consist of 10% rental escalations every 5-years
Retail Hotspot; Surrounded by national retailers: Walmart, Lowe’s, Walgreens, Dollar Tree, Planet Fitness, Harbor Fright Tools, McDonald’s, and more
Signalized Intersection; Site is situated on a hard-corner and shares access with the only Walmart Supercenter in Hancock county

Public Transportation

AirportDriveWalkDistance
Gulfport-Biloxi International 40 min - 28.9 mi
Chad Firsel 312-269-0220 Quantum Real Estate Advisors, Inc
Chad Firsel 312-269-0220 Quantum Real Estate Advisors, Inc