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152 Gateway Dr
Biloxi, MS 39531

$2,200,000 USD

Medical For Sale  •  24,351 SF

Property Details

• Property Type Medical
• Total Building Size 23,856 SF
• Lot Size 2.53 AC
• Building Class B
• Year Built 1963
• Cap Rate 9.35 %
• Tenancy Multiple

40 Walk Score

Highlights

Located within the Gulfport–Biloxi MSA, with a population of approximately 400,000, the property benefits from strong healthcare demand supported .

Oceans Behavioral Hospital is operated by Oceans Healthcare, a leading behavioral health platform with 48 facilities across nine states and backed.

Offered at $92.22 PSF, representing a substantial discount to the cost of developing a purpose-built behavioral health facility.

Oceans Behavioral Hospital has successfully operated from the property for more than 11 years, demonstrating the location's strategic importance.

The tenant reimburses its pro rata share of property taxes, insurance, utilities, and janitorial expenses.

Cap Rate:

9.35 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Oceans Behavioral Hospital of Biloxi	8,240 SF	9/30/2029
Woodlake Addiction Recovery of Mississippi	15,616 SF	7/31/2028

Public Transportation

Airport	Drive	Walk	Distance
Gulfport-Biloxi International	19 min	-	7.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	64
Type:	Surface
Included in Rent:	Yes