831 Highway 90 Bay Saint Louis, MS 39520
Office
MLS #: 4132607
Courtesy Of Coldwell Banker Alfonso Realty,Inc.
Property InformationDescription
Fully Leased 3,118 SF Bay St. Louis Medical Office Building- with a 5-Year National Medical Tenant | Forward 9% Cap | Annual Escalations. Turnkey income-producing commercial property in Bay St. Louis, Mississippi, secured by a 5-year lease with a national medical tenant beginning 11/15/2025. The lease includes contractual annual rent increases, delivering an initial 8.00% cap rate and a forward cap approaching 9% by Year 5. The newly renovated 3,118 SF single-tenant building is located just off Highway 90 within a well-established medical and professional office complex adjacent to Ochsner Medical Center. Zoned C-3 (Highway Commercial) with 16 dedicated parking spaces, the property supports medical, professional, and retail office uses while providing strong long-term tenant demand and re-tenanting optionality. Cap Rate schedule: Year 1 - 8.00%, Year 2 - 8.25%, Year 3 - 8.49%, Year 4 - 8.75%, Year 5 - 9%. Detailed Cap Rate schedule attached. Buyer and their agent to verify all information.
Features
- Age: 31-40 Years Old
- Floor Covering: Combination
- Floor Covering: Carpet
- Floors: 1
- Legal Description: PT. J. BOUQUIE CL.
- MLSID: 4132607
- Parking Spaces: 16
- Roof Type: Metal
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
MAP & DIRECTIONS
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
