The Citizens Bank | 15 Yr Sale Leaseback | Pascagoula, MS

1519 Jackson Avenue, Pascagoula, MS 39567

Property Information

  • For Sale $4,073,846
  • Property Type Retail - Freestanding
  • Property Size 8,275 SF
  • Lot Size 0.63 Acre
  • Property Tenancy Single Tenant
  • Date Updated May 13, 2026

Description

Randall Commercial Group, LLC is pleased to present an exceptional sale-leaseback opportunity in Pascagoula, MS. The property will be leased back to The Citizens Bank of Philadelphia—a well-established MS-based community bank founded in 1908 with multiple branches statewide—under a new 15-year absolute NNN lease commencing at closing, featuring 2% annual rent increases and five 5-year renewal options. Situated on high-traffic Jackson Avenue, the branch offers prime visibility, accessibility, and exposure in Pascagoula's central business district. As the anchor of the Mississippi Gulf Coast's premier industrial and port-driven hub, Pascagoula benefits from massive nearby employers like Ingalls Shipbuilding (Huntington Ingalls Industries, MS's largest private employer with ~11K workers), Chevron Pascagoula Refinery (the state's largest refinery), and Port Pascagoula (generating $18.3B+ in annual economic output and supporting 28,000+ jobs statewide)—solidifying southern Mississippi’s core economic market.Randall Commercial Group, LLC is pleased to present an exceptional sale-leaseback opportunity in Pascagoula, MS. The property will be leased back to The Citizens Bank of Philadelphia—a well-established MS-based community bank founded in 1908 with multiple branches statewide—under a new 15-year absolute NNN lease commencing at closing, featuring 2% annual rent increases and five 5-year renewal options. Situated on high-traffic Jackson Avenue, the branch offers prime visibility, accessibility, and exposure in Pascagoula's central business district. As the anchor of the Mississippi Gulf Coast's premier industrial and port-driven hub, Pascagoula benefits from massive nearby employers like Ingalls Shipbuilding (Huntington Ingalls Industries, MS's largest private employer with ~11K workers), Chevron Pascagoula Refinery (the state's largest refinery), and Port Pascagoula (generating $18.3B+ in annual economic output and supporting 28,000+ jobs statewide)—solidifying southern Mississippi’s core economic market.

Highlights

  • Corporate Guarantee: Lease Guarantee from the banks publicly traded holding company the Citizens Holding Company (OTCQX: CIZN)
  • Established Tenant: Sale-leaseback to a top 200 regional community bank with reported assets exceeding $1.4 billion and a history spanning over 100 years. The bank is an insured member of the FDIC
  • Long-Term Investment Opportunity: 15 Year Initial Term with Absolute NNN Lease Structure and Corporate Guarantee

Contacts

Port Campany

Randall Commercial Group

Location

Contact Listing Broker
Port Campany

Randall Commercial Group

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