Barq Building Flyer

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Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530 Snapshot Development Opportunity: Office, Retail, Hospitality, Restaurant, Pub, Medical, Investment Year Built: Approx SF: 45,000 Asking Price: Rental Rate: $3,250,000 Starts at $6/sf Offering Highlights Historic Downtown Biloxi Central Business District Close Proximity to US Hwy 90, Interstate 110, Casino Row Several Financial Incentives Available Cornerstone landmark located at the entrance to the campus style setting of the Vieux Marche Mall. Some tenants in place. To learn more, please contact: Grubb & Ellis | Sawyer Commercial 2510 14th Street Suite 1013 Gulfport, MS 39501 228.863.0232 main 228.863.0632 fax www.sawyercommercal.com Charles Taylor Advisor 228.314.5004 [email protected] Alan Weaver Advisor 228.217.4644 [email protected]

Transcript of Barq Building Flyer

Page 1: Barq Building Flyer

Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530

Snapshot

Development

Opportunity:

Office, Retail,

Hospitality, Restaurant,

Pub, Medical,

Investment

Year Built:

Approx SF: 45,000

Asking Price:

Rental Rate:

$3,250,000

Starts at $6/sf

Offering Highlights

Historic Downtown Biloxi Central Business District

Close Proximity to US Hwy 90, Interstate 110,

Casino Row

Several Financial Incentives Available

Cornerstone landmark located at the entrance to the

campus style setting of the Vieux Marche Mall.

Some tenants in place.

To learn more, please contact:

Grubb & Ellis | Sawyer Commercial

2510 14th Street

Suite 1013

Gulfport, MS 39501

228.863.0232 main

228.863.0632 fax

www.sawyercommercal.com

Charles Taylor

Advisor

228.314.5004

[email protected]

Alan Weaver

Advisor

228.217.4644

[email protected]

Page 2: Barq Building Flyer

Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530

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Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530

Located on hard corner of

Reynoir Street and Howard

Avenue with signaled four

way traffic light.

Located immediately

between Saenger Theater

($825k renovation

underway) and proposed

18,000sf live music venue.

Access drive great for valet

service, horse drawn

carriage, or executive

access.

One way traffic thru Vieux

Marche, Howard Ave,

welcomes walk around

traffic.

Property has alleyway

adjacent to east side of

property for easy access

from public parking lot in

rear.

Property is adjacent to

Biloxi Regional Hospital.

PUBLIC PARKING

230+ Spaces

Biloxi Regional

Medical Center

Saenger

Theater

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Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530

Financial & Tax Incentives

Grants Available

CDBG Program for Economic Development

CDBG Loan for Economic Development

CDBG for Emergency Projects

CDBG for Public Facilities Projects

CDBG for Self Help Projects

Development Infrastructure Grant Program (DIP)

Economic Development Highway Grant Program (EDH)

Small Municipal and Limited Population Counties Grant ProgramCommunity Heritage Preservation Grant Program

Mississippi Archaeological Research Grant Program

Hurricane Relief Grant Program for Historic Preservation

Historic Tax Credits Program

Loans Available

Business Incubator Loan Program

Capital Access Contract Loan Program

Capital Access Loan Loss Reserve Program

Capital Improvements Revolving Loan Program (CAP)

Energy Investment Loan Program

Existing Industry Productivity Loan Program

Freight Rail Service Revolving Loan Program

Job Protection Loan Program

Minority Business Enterprise Loan Program (MBE)

MS Business Investment Act Loan Program (MBIA)

Research and Development Loan Program

Tax Exemptions, Incentives and Credits.

Advantage Jobs Program

Broadband Technology Tax Credits

Free Port Warehouse Property Tax Exemption

Growth and Prosperity Program

Industrial Property Tax Exemption

Jobs Tax Credits

Manufacturing Investment Tax Credits

Motion Picture Production Tax Incentive Program

Industrial Property Tax Exemption

Jobs Tax Credits

Manufacturing Investment Tax Credits

Motion Picture Production Tax Incentive

Program

Mississippi Aerospace Initiative Incentives

Program

Mississippi Clean Energy Initiative Program

Mississippi Data Center Incentives

Mississippi Equity Investment Tax Credits

National or Regional Headquarters Tax Credits

National or Regional Headquarters Sales Tax

Credit

Property Tax Exemption for Industrial Revenue

Bond Financing

Property Tax Exemption on In-State Inventory

Property Tax Exemption for Broadband

Technology

Property Tax Fee in Lieu

Research and Development Skills Tax Credits

Rural Economic Development

Sales and Use Tax Exemption for Bond

Financing

Sales and Use Tax Exemption for Construction

or Expansion

Sales Tax Exemption for Broadband

Technology

Sales Tax Exemption for Motion Picture

Production

Skills Training Income Tax Credits

Tax Summary

Tourism Rebate Program

A seven year tax abatement is offered by City of Biloxi

for new business development. This locks businesses

into current tax rate for seven years.

GO ZONE STILL

AVAILABLE UNTIL THE

END OF 2011

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Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530

Metropolitan Statistical Areas in Mississippi

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Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530

Tax Abatement Districts

Page 7: Barq Building Flyer

Development Opportunity

Historic Barq Building 824 Howard Ave. Biloxi, MS 39530

N

E

Reyn

oir S

tree

t

36’ 105’

101’

25’

92’

25’

9 2’ 90’

36’

18’

30’

175’

ELEV

Howard Avenue

Floor Plan

Land

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Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530

Plat

1410K-03-037.001 1410K-03-037.000

21

6.1

51.2

54.1

22

5.3

To learn more, please contact:

Grubb & Ellis | Sawyer Commercial

2510 14th Street

Suite 1013

Gulfport, MS 39501

228.863.0232 main

228.863.0632 fax

www.sawyercommercal.com

Charles Taylor

Advisor

228.314.5004

[email protected]

Alan Weaver

Advisor

228.217.4644

[email protected]

Page 9: Barq Building Flyer

Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530