14509 Stenum Street, Biloxi, MS 39532 - MLS#4099283

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Cheryl Armstrong

cherylarmstrongrealtor@gmail.com +1(601) 953-3422

$1,500,000

Est. payment - /mo

2 Baths

5,000 SqFt

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UPDATED:

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

Acres 0.69

Property Sub-Type Business

Source MLS United

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

Direction Follow I-10 W to MS-609 S/Tucker Rd/Washington Ave. Take exit 50 from I-10 W 7 min (7.6 mi) Continue on MS-609 S/Tucker Rd/Washington Ave. Take Big Ridge Rd to Stenum St in Saint Martin 4 min (1.2 mi) 14509 Stenum St Biloxi, MS 39532

Interior

Heating Central, Other

Cooling Central Air, Other

Window Features Double Pane Windows,Tinted Windows

Exterior

Parking Features Concrete

Utilities Available Cable Available, Electricity Connected, Propane Connected

Roof Type Metal

Garage No

Building

Lot Description Rectangular Lot

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Tax ID O-50-60-554.053

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Listed by Century 21 Busch Realty Group

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Cheryl Armstrong

+1(601) 953-3422

REALTOR® | S-55512

REALTOR® S-55512

14509 Stenum Street Biloxi, MS 39532

Cheryl Armstrong

Key Details

Location

Interior

Exterior

Building

Others

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