Overview

Description

Fantastic retail development site surrounded by nearly 1 Million square feet of additional retail.​ #1 Retail Trade Area in South Mississippi and across the street from Sam's Club.​ This property was purchased by seller for $1.7 million in 2009 for the purpose of a 30,000 s.​f.​ shopping center.​  He is now retiring and is very motivated to sell.​

This is a leasehold interest on 16th Section Land owned and controlled by the Harrison County School District.​  The original lease expires in 2047 and includes 1 25 year option after that.​ The monthly ground rent is currently $2,160.34.​  There are annual increases.​

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