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.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $1,455,000 | $100 | Berkshire Hathaway HomeServices Preferred Properties |
Year | Annual Amount | Description |
---|---|---|
2024 | $9,081 |
Elementary School Woolmarket Elementary School | 1.5 miles away | KG - 06 | |
Elementary School North Bay Elementary School | 2.5 miles away | KG - 06 | |
High School Biloxi High School | 3 miles away | 10 - 12 |