14509 Stenum Street Active

Biloxi,MS 39532

$ 1500000

- Bed

2 Baths

5000 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $300

Subdivision Big Ridge Park

MLS Listing ID 4099283

Half Baths 2

Year Built 2022

Annual Tax Amount $4,659

Lot Size 0.690 Acres

Property Sub-Type Business

Property Description

**WAREHOUSE-BUSINESS-MULTI-USE SPACE WITH PRIME VISIBILITY TO I-10!** This exceptional property offers **instant income** with a long-term triple net lease in place! Currently tenant-occupied by a **Fortune 500 company, Terminix**, this property boasts a **5-year secured lease WITH TWO additional FIVE year options (total of 15 years!!!)**, making it a solid investment opportunity. **Property Highlights** - **Building Details**: - **5,000 sq. ft. total**: Includes a **1,000 sq. ft. office** seamlessly connected to a **4,000 sq. ft. warehouse**. - **Warehouse Features**: Two pull-up doors, Phase III electric, and a **gated area** Newly constructed with **high-impact concrete** for durability and longevity. - 50' x 75' fenced lay-down yard! Equipped with a fire-safety system for added protection. - **Prime Location**: - **Highly visible from I-10** with a professional retail appearance, providing excellent exposure for any business. - The **only light industrial building** in the area, making it a unique and high-demand property. - **Tenant Overview**: - Current tenant: **Terminix**, a renowned Fortune 500 company. - Long-term stability with a **15-year lease** in place. **Versatility & Convenience** This property combines the **functionality of office space and warehouse/storage** under one roof. Its strategic location and robust construction make it ideal for a variety of uses, with potential for continued appreciation. **Don't miss this exceptional investment!

Location

State MS

County Jackson

Interior

Heating Central,Other

Cooling Central Air,Other

Exterior

Parking Features Concrete

Utilities Available Cable Available,Electricity Connected,Propane Connected

Roof Type Metal

Building

Lot Description Rectangular Lot

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

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