- For Sale $16,818,000
- Property Type Retail - Strip
- Property Size 95,829 SF
- Units 34
- Lot Size 15.87 Acre
- Property Tenancy Multi-Tenant
- Date Updated May 19, 2026
Description
Lakeview Village is a three-property neighborhood retail portfolio strategically positioned in the heart of the D’Iberville submarket within the Gulfport–Biloxi MSA. The portfolio totals 91,867 square feet across three complementary retail centers located along Lamey Bridge Road, Mallet Road, and Cinema Drive. Each asset benefits from prominent placement within a high-traffic retail corridor immediately adjacent to Interstate 10 and Interstate 110, two of the Gulf Coast’s primary commercial and commuter thoroughfares that connect the broader Biloxi, Gulfport, and coastal tourism markets.
The centers are designed to serve daily consumer needs and service-oriented tenancy, offering a diversified mix of medical providers, financial services, restaurants, fitness operators, and specialty retailers. The portfolio’s strong in-place occupancy reflects consistent tenant demand and is supported by a stable regional employment base anchored by Keesler Air Force Base, the Naval Construction Battalion Center (Seabee Base), and the expanding Biloxi–D’Iberville hospitality and gaming economy.
Lakeview Village sits immediately east of the region’s dominant big-box retail cluster anchored by Walmart, Target, Lowe’s, and Academy Sports. The portfolio also benefits from its immediate proximity to the planned Bass Pro Shops outdoor superstore, a 75,000 SF destination retail development planned on approximately 60 acres and scheduled to open in 2027. This major retail anchor, together with continued investment in new casino developments along the Mississippi Gulf Coast, is expected to significantly increase regional visitation, consumer dwell time, and retail spending throughout the corridor—further strengthening the long-term positioning of surrounding neighborhood retail assets.Lakeview Village offers investors the opportunity to acquire a well-located, multi-property neighborhood retail portfolio generating immediate cash flow at an attractive 8.11% going-in cap rate on $1.36 million of in-place NOI, with additional upside through lease-up and contractual rent growth. The portfolio totals 91,867 SF across three strategically positioned centers and is anchored by a diversified mix of service-oriented, necessity-based tenants—including medical, dental, financial services, fitness, and food & beverage—minimizing exposure to e-commerce disruption and reducing single-tenant concentration risk.
Located within one of the Gulf Coast’s most active commercial corridors, the portfolio is underpinned by exceptional market fundamentals driven by Keesler Air Force Base, the Naval Construction Battalion Center, and the expanding Biloxi–D’Iberville gaming and tourism economy, which together provide a resilient employment base and sustained consumer demand. Immediate proximity to Interstate 10 and Interstate 110, top-performing regional retailers, and planned casino developments further enhances traffic generation and long-term rent growth potential, positioning Lakeview Village as a stable, income-oriented investment with meaningful embedded upside.
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Contacts
Luke Henderson
Meybohm Commercial Properties
Location
Contact Listing Broker
Luke Henderson
Meybohm Commercial Properties