Walgreens | Gulfport, MS — Sale in Gulfport, MS

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Gulfport, MS 39507

Photos

Walgreens | Gulfport, MS — Sale in Gulfport, MS, photo 1 of 2
Walgreens | Gulfport, MS — Sale in Gulfport, MS, photo 2 of 2

Investment Figures

Cap rate
7.59%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The subject property is a freestanding Walgreens located at 1417 E Pass Rd, Gulfport, Mississippi 39507. The property is leased to Walgreens under an Absolute NNN (Absolute Net) Lease with a corporate guarantee and no landlord responsibilities, making it a truly passive investment for the ownership. Strategically positioned along East Pass Road, the property benefits from strong visibility and convenient access within one of Gulfport’s established retail corridors. East Pass Road carries approximately 20,438 vehicles per day, near Cowan Road / MS-605, which carries approximately 16,669 vehicles per day. The surrounding trade area includes Rouses Market, Walmart Neighborhood Market, Handsboro Square, Edgewater Mall, and Gulfport Premium Outlets, providing consistent retail synergy and strong consumer draw. Gulfport is a major Mississippi Gulf Coast tourism destination approximately 1.5 hours from New Orleans, offering beaches, casinos, resorts, and a wide range of recreation, healthcare, military, and port-related employment opportunities. Major regional support comes from the Port of Gulfport, Memorial Hospital, Merit Health, Keesler Medical Center, Naval Construction Battalion Center, Keesler Air Force Base, Gulfport Combat Readiness Training Center, and Gulfport-Biloxi International Airport, which together contribute to a stable economy and long-term demand drivers for the area. Investment Highlights: • Absolute NNN lease | Corporate gaurentee with no landlord responsibilities • 75th Percentile National Placer Rank (Placer.ai) • Established Gulf Coast Retail Corridor | Adjacent to Rouses Market, Walmart Neighborhood Market, Handsboro square, Edgewater Mall, and Gulfport Premium Outlets

Market Context

This retail in Gulfport, MS is listed for sale. It is offered at an approximate 7.6% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Gulfport, MS — view the full market.

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