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2501 Bienville Blvd
Ocean Springs, MS 39564

$1,961,000 USD

Apartments Condo For Sale  •  6,500 SF

Property Details

  • Property Type Apartments
  • Total Building Size 179,257 SF
  • Building Class B
  • Year Built 2020
0 Transit Score
54 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Retail Retail 6,500 SF $1,961,000 USD
  • Unit Size: 6,500 SF
  • Condo Use: Retail
  • Price: $1,961,000 USD
  • Sale Type: Investment
  • Price/SF: $301.69 USD
Description
CBRE is pleased to exclusively offer for sale the 6,500 square-foot restaurant condominium (Keg & Barrel) located within Inlet mixed-use development in Ocean Springs, MS - a component of the Gulfport-Biloxi, MS MSA (population: 427,405). Keg & Barrel will execute a 10-year absolute triple net (NNN) lease at closing with a net operating income of $150,000 and 10.00% rent escalations in year 6 and in each of the two 5-year renewal options.

Highlights

Unique Brew-Pub Concept
Less than 2 miles east of Downtown Ocean Springs
A component of the Inlet multi-use development—home to Selah Pilates & Wellness, The Coffee Vineyard and the Inlet Residences (99 units)

Public Transportation

AirportDriveWalkDistance
Gulfport-Biloxi International 34 min - 22.9 mi
Thomas Carr 703-477-1315 CBRE
Thomas Carr 703-477-1315 CBRE