15224 W Creosote Rd

    Gulfport, MS 39503
    • $1,920,000
    • STATUS: Active
    • ON SITE: 490 days
    • MLS #: 322284
    UPDATED: 14 min ago
    $1,920,000
    • 0
      BEDS
    • 1.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,315
      SQFT
    • $170
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    This is the sale of a Primary 16th Section Leasehold interest. 2 Sub-Leasehold interests have been sold to MAACO operator and Kayak Store owner. These two sub-leaseholders pay their prorata share of the Primary Leasehold. The strip center pays their prorata share and the 16th Sec. Lease Payments is passed through to the tenants on a per SF basis. Landlord is responsible for Exterior of building including the roof, walls, parking lot, landscaping and any exterior plumbing. Spaces are built out to vanilla box (i.e. sheetrock walls ready for paint; two restrooms; drop ceilings with lighting; standard electrical, HVAC equal to 1 ton per every 300 SF of space. All tenants have negotiated Tenant Improvement Allowances from $10/SF to $20/SF.

    Monthly Payment Calculator

    Terms & Conditions.

    © 2018 Mississippi Gulf Coast Multiple Listing Service, Inc. Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by the Mississippi Gulf Coast Multiple Listing Service, Inc. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Mississippi Gulf Coast Multiple Listing Service, Inc. All properties are subject to prior sale, change or withdrawal. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless.
    www.searchgulfporthomes.com/homes/74444036

    15224 W Creosote Rd Gulfport, MS 39503

    • Price: $1,920,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 322284
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.49
    Acres
    11,315
    SQFT
    $170
    $/SQFT
    Neighborhood:
    Non-Subdivision
    County:
    Harrison
    Area:
    Gulfport
    Property Description
    This is the sale of a Primary 16th Section Leasehold interest. 2 Sub-Leasehold interests have been sold to MAACO operator and Kayak Store owner. These two sub-leaseholders pay their prorata share of the Primary Leasehold. The strip center pays their prorata share and the 16th Sec. Lease Payments is passed through to the tenants on a per SF basis. Landlord is responsible for Exterior of building including the roof, walls, parking lot, landscaping and any exterior plumbing. Spaces are built out to vanilla box (i.e. sheetrock walls ready for paint; two restrooms; drop ceilings with lighting; standard electrical, HVAC equal to 1 ton per every 300 SF of space. All tenants have negotiated Tenant Improvement Allowances from $10/SF to $20/SF.
    Exterior Features

    Access Transportation Airport 1 Mile Or LessCity StreetInterstate 1 Mile Or Less Foundation Slab/Light Duty Location City StreetCorner LotInterstate Exchange Lot Size Dimensions Irregular Parking 25+ SpacesHandicappedOn Site Parking Topography ClearedLevel

    Interior Features

    Cooling System Central Electric Flooring Other - See Remarks Heating Fuel ElectricSeparate Meters Heating System Cent/Elec Furnace Restrooms 10 Total Square Footage 11315.00

    Property Features

    Age Construction-New Age Or Year Built 2017 Annual Expenses 84519 Annual Gross Income 250150 Annual Net Income 157426 Documents On File ApodDemographicsMarketing PackageSurveyTraffic Count Expenses Include Common Area MaintenanceInsuranceOther - See RemarksTaxes Miscellaneous 220 VoltsAda QualifiedDisplay WindowSign Possession At Closing Possible Uses Barber/BeautyDentalMedicalProfessional/OfficeRetail Potential Short Sale No Restrictions EasementsOther - See Remarks Sale Includes Building And LandGround Lease Sewer City Sewer Sq Ft Source Construction Plans Third Party Or Bank Owned No Water City Water Zoning Hwy Commercial District

    Listing courtesy of Rita G Sadler of Sawyer Real Estate, Inc. Of Ms..
    Terms & Conditions.

    © 2018 Mississippi Gulf Coast Multiple Listing Service, Inc. Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by the Mississippi Gulf Coast Multiple Listing Service, Inc. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Mississippi Gulf Coast Multiple Listing Service, Inc. All properties are subject to prior sale, change or withdrawal. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless.
     
    Amanda & Associates at Coastal Realty Group
    2555 Marshall Drive Ste D
    Biloxi MS, 39531