2630 Beach Boulevard

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2630 Beach Boulevard

Biloxi, MS 39531
Asking Price
$1.65M
Cap Rate
6%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Starbucks Fee Simple Asset | Edgewater Mall Outparcel | 5.8-Year Term | Credit Tenant <p><span style="color: rgba(6, 34, 57, 1)">Durable Cash Flow</span></p><ul><li>​<span style="color: rgba(1, 21, 29, 1)">The asset features a creditworthy tenant with a 5.8-year remaining lease term. The lease structure provides contractual NOI growth through built-in escalations and offers substantial upside potential through renewal options.</span></li></ul><p></p><p><span style="color: rgba(6, 34, 57, 1)">Central Location</span></p><ul><li>​<span style="color: rgba(6, 34, 57, 1)">Prime Highway

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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.63%
Monthly Payment
$8,163.3
Annual Cash Flow
$-17,959.597

Location & Travel Times