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11309 Old Highway 49
Gulfport, MS 39503

$2,547,000 USD

Office For Sale  •  10,905 SF

Property Details

• Property Type Office
• Total Building Size 10,905 SF
• Lot Size 2.6 AC
• Building Class B
• Year Built 2007
• Tenancy Single
• Zoning GB

50 Walk Score

Highlights

- 10,905 SF IRS Taxpayer Assistance Center - Single story brick built 2007, renovated 2023, new roof 2024

- 7.5% cap rate on 2025 projected net income - $70,745 annual renovation reimbursement paid to landlord through December 2029

- Term through 12/3/2031 / Firm term through 12/3/2029 - Rent escalation last 2 years of term

- Operating expense reimbursement and CPI formula increases - Increases of property taxes over a base year reimbursement

Property Flyers

IRS Gulfport MS Offering CL

Amenities

• Wheelchair Accessible

Public Transportation

Airport	Drive	Walk	Distance
Gulfport-Biloxi International	11 min	-	4.0 mi