6016 Ms-63, Moss Point, MS

Others for Sale - $1,300,000 - 14,294 Sq. Ft.


Agent Info

Ricky Sutherland
Coldwell Banker Alfonso Realty

Property Info

CIMLS#1140325
Location
  6016 Ms-63
  Moss Point MS 39563
UpdatedApril 5th, 2024
TypeOthers
Price$1,300,000
Building14,294 Sq. Ft.

Property Description

For Lease and For Sale- Versatile Flex space Investment Opportunity in Moss Point, Mississippi Discover the potential of this dynamic flexspace property, strategically located at 6016 Highway 63 in the thriving commercial hub of Moss Point, Mississippi. Offering a unique blend of warehouse and office space, this investment opportunity presents a compelling proposition for savvy investors seeking both stability and growth potential. Key Features: Prime Location: Nestled along the bustling Highway 63 corridor, this property enjoys excellent visibility and accessibility, making it an ideal destination for businesses seeking strategic positioning within Moss Point's dynamic economic landscape. Flexibility: Boasting a total of 14,294 square feet, this versatile property seamlessly integrates warehouse and office space, catering to a diverse range of business needs. With the flexibility to accommodate various industries and operations, it presents an attractive option for tenants seeking adaptable workspace solutions. Tenant in Place: Benefit from immediate income generation with a reliable tenant occupying the warehouse space until 12/31/24. This existing lease provides a stable foundation for your investment, offering consistent cash flow while allowing potential for future lease renegotiation or expansion opportunities. Zoning Advantage: Positioned within a Highway Commercial zoning district, this property offers versatility and potential for a wide range of commercial and industrial uses, providing investors with the flexibility to capitalize on evolving market demands and opportunities. Attractive Cap Rate: With a competitive 7.38% cap rate, this investment offers a favorable return relative to market benchmarks, presenting an enticing opportunity for both seasoned investors and those looking to enter the commercial real estate market. Invest in flexibility. Invest in growth. Invest in 6016 Highway 63, Moss Point, Mississippi 39563.


Financials