504 Highway 90 | Waveland, MS 39576
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- LoopNet Team
504 Highway 90
Waveland, MS 39576
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Attractive Lease Terms; Leased to T-Mobile (S&P: BBB) and Tropical Smoothie with both tenants operating on 10-year net-leases
- Asset is situated along the main retail thoroughfare of Waveland along HWY-90 which sees 27,004 VPD and is shadow anchored by Walmart
- Retail Hotspot; Surrounded by national retailers: Walmart, Lowe’s, Walgreens, Dollar Tree, Planet Fitness, Harbor Fright Tools, McDonald’s, and more
- Brand-New Construction; High quality 4,080 square foot dual-tenant retail building that was completed in 2023
- Hedge Against Inflation; Both tenants’ leases consist of 10% rental escalations every 5-years
- Signalized Intersection; Site is situated on a hard-corner and shares access with the only Walmart Supercenter in Hancock county
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,080 SF
Building Class
B
Year Built
2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
2.25 AC
PROPERTY TAXES
| Parcel Number | 138Q-0-34-003.002 | Improvements Assessment | $0 |
| Land Assessment | $34,853 | Total Assessment | $34,853 |
PROPERTY TAXES
Parcel Number
138Q-0-34-003.002
Land Assessment
$34,853
Improvements Assessment
$0
Total Assessment
$34,853
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