Property Listing No Longer Available for Sale

11298 Reichold Road, Gulfport, MS

Others for Sale - $1,250,000 - 16,850 Sq. Ft. on 3 acres


Property Info

CIMLS#1152065
Location
  11298 Reichold Road
  Gulfport MS 39503
UpdatedDecember 18th, 2023
TypeOthers
Price$1,250,000
Building16,850 Sq. Ft.
Land3 acres

Property Description

Office/Retail/Warehouse for sale located on 3.7 acres. Located in industrial park just off Interstate 10 at Exit 38. I-2 zoning. Has railway on two sides. Large warehouse with 4 rollup doors two 12', one 14' and one 16' Clear span. Excess land cleared for laydown area. Large open paved area inside fenced area for extra storage or parking. Total sq ft is 16,850. Heated and cooled sqft is 3,725. Tenant occupied on long term lease. Tenant 5 yr lease started April 2021 at $7,000 per month with annual bumps of 4% or COLA whichever is greater. Triple Net with Limited liability of landlord being responsible for roof and structural integrity. Tenant has two five year options to extend term.


Financials


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