Midas

2160 E Pass Rd, Gulfport, MS

Property Information

Price Summary

$ 2,348,485

Cap Rate

6.6 %

NOI

$ 155,000

Total Lot Size

1.02 Acres

Building Size

7,830 SF

Austin Walsh

Director

T: (817) 658-3100

Property Highlights

  • Midas in Gulfport MS With Nearly Full 20-Year Lease Term Remaining
  • Absolute NNN Lease With Zero Landlord Responsibilities
  • 10% Rent Increases Every 5 Years
  • Highly Visible Frontage on E Pass Rd With 25,000+ Vehicles Passing Daily
  • Minutes From the Port of Gulfport and Gulfport‑Biloxi International Airport, Offering Access to one of the Busiest Gulf Ports and Mississippi’s Second‑Largest Airport
  • Strong Demographics With 71,000+ Residents Within 5 Miles, Supported by a Dense Residential Base Ensuring Steady Demand
  • Strong Operator With Growing Pipeline – Tenant to Disclose Sales Per Lease

Point of Contact

Austin Walsh

Director

T: (817) 658-3100

TX #689818

Gunnar Edlund

Associate Director

T: (651) 788-1133

TX #808427

In cooperation with Brian Brockman at Bang Realty of Mississippi Inc | MS #21542 | bor@bangrealty.com | (513) 898-1551

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