15224 W Creosote Road, Gulfport, MS 39503 (MLS# 3322284)
15224 W Creosote Road, Gulfport, MS 39503
$2,145,000
Property Type:
Commercial Sale
Square Footage:
11,315
Lot Size (sq. ft.):
115,870
Status:
Closed
Current Price:
$2,289,168
List Date:
7/10/2017
Last Modified:
11/19/2024
Description
This is the sale of a Primary 16th Section Leasehold interest. 2 Sub-Leasehold interests have been sold to MAACO operator and Kayak Store owner. These two sub-leaseholders pay their prorata share of the Primary Leasehold. The strip center pays their prorata share and the 16th Sec. Lease Payments is passed through to the tenants on a per SF basis. Landlord is responsible for Exterior of building including the roof, walls, parking lot, landscaping and any exterior plumbing. Spaces are built out to vanilla box (i.e. sheetrock walls ready for paint; two restrooms; drop ceilings with lighting; standard electrical, HVAC equal to 1 ton per every 300 SF of space. All tenants have negotiated Tenant Improvement Allowances from $10/SF to $20/SF. Buyer to verify all info.
More Information MLS# 3322284
Address and Location Information
Parcel Number: 0809e-02-002.000
Directions to Property: Off Highway 49 turn west onto West Creosote/Factory Shoppes Blvd. Property is on the right at the drive into Home Depot. All NNN Charges are passed through to Tenants. Listing includes West Creosote Plaza and MAACO. Everything Kayak owns a sub-ground lease and pays their prorata share of land taxes and 16th Section Ground Lease. They are billed separately for their improvement taxes.
N or S of I-10: S
N or S of CSX Railroad Track: S
Street Number: 15224
Street Direction: W
Street Name: Creosote
Street Suffix: Road
County: Harrison
State: MS
Zip Code: 39503
Subdivision: Metes And Bounds
Location
City Street: 1
Interstate Exchange: 1
General Property Information
Property Sub Type: Other
New Construction: Yes
Property Condition: New Construction
Approx Lot Size Acres: 2.66
Lot Size Dimensions: Irregular
SqFt Source: Plans
List Price/SqFt: 189.57
Year Built Source: Other
Accessibility Features: Yes
Approx H/C SqFt: 11315
Year Built: 2017
Tax and Financial Information
Zoning: Hwy Commercial District
Legal Description: DR: 2015-0001655-D-J1 03/20/2015-LE LEASED FROM HARRISON COUNTY SCHOOL DISTRICT 3/10/2015 TO 3/09/2055 WITH A SECONDARY
Remarks & Miscellaneous
Public Remarks: This is the sale of a Primary 16th Section Leasehold interest. 2 Sub-Leasehold interests have been sold to MAACO operator and Kayak Store owner. These two sub-leaseholders pay their prorata share of the Primary Leasehold. The strip center pays their prorata share and the 16th Sec. Lease Payments is passed through to the tenants on a per SF basis. Landlord is responsible for Exterior of building including the roof, walls, parking lot, landscaping and any exterior plumbing. Spaces are built out to vanilla box (i.e. sheetrock walls ready for paint; two restrooms; drop ceilings with lighting; standard electrical, HVAC equal to 1 ton per every 300 SF of space. All tenants have negotiated Tenant Improvement Allowances from $10/SF to $20/SF. Buyer to verify all info.
Status Change Info
Sold Price/SqFt: 189.57
Contract Date/Pending Date: 2019-05-22
Closing Date: 2019-06-26
Possible Use
Barber/Beauty: 1
Medical/Dental: 1
Office: 1
Retail: 1
Income & Expenses
Other: 1
See Remarks: 1
Lot Features
Cleared: 1
Corner Lot: 1
Level: 1
Covenants And Restrictions
Easements: 1
Other: 1
See Remarks: 1
Sewer
Public Sewer: 1
Commercial Features
220 Volt Power: 1
ADA Qualified: 1
Display Window(s): 1
Number of Restrooms: 10
Water Source
Public: 1
Electricity Features
220 Volts: 1
Square Footage Description
Retail Bldg Over 5000 SF: 1
Flooring
Other: 1
See Remarks: 1
Expenses Include
Common Area: 1
Insurance: 1
Taxes: 1
Other: 1
See Remarks: 1
Cooling
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Foundation Details
Slab: 1
Parking Features
Parking Total: 25
On Site: 1
Price Includes
Building and Land: 1
Ground Lease: 1
Signage: 1
Available Documents
APOD: 1
Demographics: 1
Marketing Package: 1
Survey: 1
Traffic Count: 1
Additional Transportation
Airport 1 Mile or Less: 1
City Street: 1
Interstate 1 Mile or Less: 1
Listing Information
Status: Closed
List Date: 2017-07-10
List Price: $2,289,168
Current Price: $2,145,000
Property Sub Type: Other
Property Features
Possible Use: Barber/Beauty; Medical/Dental; Office; Retail
Commercial Features: 220 Volt Power; ADA Qualified; Display Window(s)
Electricity Features: 220 Volts
Lot Features: Cleared; Corner Lot; Level
Location: City Street; Interstate Exchange
Square Footage Description: Retail Bldg Over 5000 SF
Covenants And Restrictions: Easements; Other; See Remarks
Expenses Include: Common Area; Insurance; Taxes; Other; See Remarks
Flooring: Other; See Remarks
Cooling: Central Air
Heating: Central; Electric; Separate Meters
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Parking Features: On Site
Additional Transportation: Airport 1 Mile or Less; City Street; Interstate 1 Mile or Less
Price Includes: Building and Land; Ground Lease; Signage
Available Documents: APOD; Demographics; Marketing Package; Survey; Traffic Count
Documents
Document ›
Listing Office:
Sawyer Real Estate, Inc. Of Ms.
Listing Agent:
Rita G Sadler
Last Updated: November - 19 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.