105 Hardy Court Shopping CenterGulfport, MS 39507
Hardy Court Shopping Center
Asset ClassRetail
Overview
Hardy Court Shopping Center offers investors a rare opportunity to acquire a proven Gulf Coast retail destination in the heart of Gulfport, Mississippi. The 268,428-square-foot center is anchored by Froogel’s Cost + Foods, Dollar General, Circle K, Firestone, and Renasant Bank, providing durable cash flow and a diverse tenant mix. With additional upside through lease-up and redevelopment, the property delivers both stability and long-term value creation for investors seeking yield in a resilient coastal market.
Investment Highlights
- Prime Location: Strategically located at the intersection of Pass Road and Courthouse Road, Hardy Court Shopping Center offers excellent visibility and easy access from two of Gulfport’s most heavily trafficked corridors.
- Strong Tenant Mix: The center features a diverse combination of national and regional retailers that drive consistent daily traffic and long-term occupancy.
- Outparcel Repositioning Potential: Seven (7) existing outparcels, coupled with the ability to add additional pad sites, offer flexibility to reconfigure tenants, capture market-rate ground leases, and create long-term value.
- Development Opportunities: Two additional land parcels—a ±2.4-acre outparcel and a ±3.0-acre tract—provide flexibility for new retail, restaurant, or medical development, supporting both near-term and long-term value creation.
- Stable Cash Flow: A solid history of occupancy and diverse tenancy provides dependable income with additional upside through targeted leasing and renewal strategies.
105 Hardy Court Shopping CenterGulfport, MS 39507
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Listing provided by Revere CRE