Wells Fargo Anchored Center

Investment Overview

SOUTHEAST COMMERCIAL is pleased to offer FOR SALE the income producing commercial development, at 360 Courthouse Road in Gulfport, MS. The property provides consistent rental income from a strong tenant mix, including Wells Fargo Advisors, Enhabit Home Health & Hospice, Chuck Kelly’s Salon & Spa (20+ years at this location), and Cat Island Coffee & Books. The development is a collection of free standing buildings situated on 2.03 acres and surrounded by beautiful Live Oak Trees. There are a vacant areas for additional buildings, providing even more upside. The tenant mix includes two national tenants, Wells Fargo Advisors and Enhabit Home Health & Hopsice. Wells Fargo Advisors is a premier financial services firm, serving investors nationwide. They help their clients with investment planning and advise on financial goals. Enhabit Home Health & Hospice is a Dallas, Texas-based provider of home health and hospice services. The company operates 255 home health and 110 hospice locations in 34 states with a concentration in Texas, Alabama, Florida, Georgia, Oklahoma and Mississippi. Courthouse Road, the geographic center of the Mississippi Gulf Coast, recently underwent $6MM of renovations, and now boasts a new street scape of medians with turning lanes and plush landscaping, sidewalks, ornamental street lighting, and more.

Investment Highlights

• 11,044 SF building (with land to add on)
• Strong Tenant mix
• > 1.2 million in recent improvements
• Prime location
• Ample parking
• Proximity to major roadways