- For Sale $14,656,000
- Property Type Retail - Street Retail
- Property Size 42,291 SF
- Units 25
- Lot Size 5.17 Acre
- Year Built 2008
- Date Updated Jul 30, 2026
Description
The Lakeview Village Retail Portfolio presents a compelling investment opportunity in the Gulfport-Biloxi MSA. This portfolio comprises three strategically located retail centers totaling 91,867 square feet across 11.71 acres in D'Iberville, Mississippi. The properties benefit from exceptional visibility and access at major intersections along Interstate 10 and Interstate 110, serving the millions of year-round visitors drawn to the region's robust hospitality and gaming economy. Anchoring the community and located only four miles from Lakeview Village, Keesler Air Force Base is the largest employer in the region and annually supports more than 40,000 military and medical staff. The portfolio offers investors a stabilized income stream with a portfolio-wide 8.90% cap rate and $1,304,405 in NOI from a diverse tenant mix across retail, medical, restaurant, and service uses.Introducing an exceptional portfolio investment opportunity in the Gulfport-Biloxi, MS MSA, offering a strong 8.90% cap rate and $1,304,405 in NOI across three well-positioned retail centers. Spanning 91,867 SF, the portfolio includes Lamey Bridge (26,400 SF), Mallett Road (41,467 SF), and Cinema Drive (24,000 SF), and boasts a healthy 92.3% occupancy with a diverse tenant mix featuring national and regional names such as Fleet Feet, Papa John's, Keesler Federal Credit Union, and Encore Rehabilitation. Strategically located at the major I-10/I-110 intersection, the properties benefit from millions of annual visitors along with monument signage exposure along the high-traffic Mallett Road and Cinema Drive corridors. Proximity to Keesler Air Force Base and the Navy Construction Battalion Center — together representing over 31,000 personnel — provides a counter-cyclical employment base, while the region's standing as the 5th largest U.S. casino market, with a $4.1B hospitality economic impact, underscores the area's economic resilience. With flexible C-3 zoning across all three properties, this portfolio presents a compelling opportunity for investors seeking stable income backed by a diversified, high-traffic retail footprint.
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Contacts
Jordan Collier
Meybohm Commercial Properties
Location
Contact Listing Broker
Jordan Collier
Meybohm Commercial Properties