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Shopping Neighborhood

Three Rivers Plaza

10585 Three Rivers Rd, Gulfport, MS 39503

Listing Price: $1,295,000

Cap Rate
3.40%
Gross SF
25,500
Rentable SF
25,500
Price/Gross SF
$50.78
Lot Size
2.71 acres
Year Built
1985

Investment Overview

Offered at $1.29M ($50.78/SF), this three-building, multi-tenant retail property totals 25,500 SF across 24 suites, with current vacancy of approximately 60%. The asset provides a significant lease-up opportunity and strong value-add potential.

Strategically located less than one mile from I-10 and the 640,000 SF Crossroads Center, the property sits within a dense retail corridor surrounded by national retailers including Walmart, Sam’s Club, and Home Depot. The site offers excellent visibility, prominent signage, and abundant parking, making it well-positioned to attract a diverse tenant mix.

With strong retail fundamentals, a population of over 74,000 within five miles, and access to the larger 400,000+ Gulfport-Biloxi MSA, the property is supported by steady consumer demand and a growing regional economy.

Investment Highlights

  • Three-Building Multi-Tenant Site | 25,500 SF Across 24 Suites
  • High Traffic Retail Corridor | Surrounded by National Retailers
  • Significant Vacancy | Strong Value-Add Potential
  • High Visibility | Strategic Location Less Than 1 Mile from I-10
  • Growing Population Base | Gulfport-Biloxi MSA

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Financing By

Shopping Neighborhood

Three Rivers Plaza

Listing Price: $1,295,000

Cap Rate
3.40%
Gross SF
25,500
Rentable SF
25,500
Price/Gross SF
$50.78
Lot Size
2.71 acres
Year Built
1985

Investment Highlights

  • Three-Building Multi-Tenant Site | 25,500 SF Across 24 Suites
  • High Traffic Retail Corridor | Surrounded by National Retailers
  • Significant Vacancy | Strong Value-Add Potential
  • High Visibility | Strategic Location Less Than 1 Mile from I-10
  • Growing Population Base | Gulfport-Biloxi MSA

Investment Overview

Offered at $1.29M ($50.78/SF), this three-building, multi-tenant retail property totals 25,500 SF across 24 suites, with current vacancy of approximately 60%. The asset provides a significant lease-up opportunity and strong value-add potential. Strategically located less than one mile from I-10 and the 640,000 SF Crossroads Center, the property sits within a dense retail corridor surrounded by national retailers including Walmart, Sam’s Club, and Home Depot. The site offers excellent visibility, prominent signage, and abundant parking, making it well-positioned to attract a diverse tenant mix. With strong retail fundamentals, a population of over 74,000 within five miles, and access to the larger 400,000+ Gulfport-Biloxi MSA, the property is supported by steady consumer demand and a growing regional economy.

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

Financing By

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