Pass Christian Plaza Photo Gallery

Pass Christian Plaza caters to a predominantly middle-class demographic in Pass Christian, where 65% of residents are aged 25-64, with a median household income of $52,000 and homeownership rate of 62%, per 2023 U.S. Census updates. The catchment area includes 15,000 people within a 5-mile radius, bolstered by seasonal influx from Gulf Coast tourism. Footfall estimates, drawn from Harrison County retail reports, indicate 4,000-6,000 weekly visitors, peaking at 10,000 during summer weekends due to proximity to beaches and the Mississippi Sound. This supports steady traffic for convenience-oriented tenants but shows variability tied to weather and tourism cycles, with lower winter footfall potentially challenging non-essential retail performance.

The plaza faces moderate competition from larger regional centers like Edgewater Mall in nearby Biloxi, 15 miles away, which offers broader tenant mixes including national chains and higher footfall of over 20,000 daily. Locally, the Walmart Supercenter at 1617 E Beach Blvd draws significant grocery and general merchandise traffic, potentially overlapping with plaza anchors. Market saturation is evident in food services, with several casual eateries nearby, per ICSC retail data, leading to 7% vacancy in similar categories. However, opportunities exist in underserved niches like health and wellness, given the aging population (18% over 65). Retail sales per square foot average $350 annually, below national norms of $450, reflecting the small-town economy but offering lower entry barriers for new lessees.

Lease terms at Pass Christian Plaza typically feature 5-10 year commitments with NNN structures at $12-18 PSF, including 3-5% annual escalations, consistent with 2025 CoStar reports for Gulf Coast strip centers. Advantages include tenant improvement allowances up to $20 PSF for qualified lessees and sublease options. Risks encompass hurricane vulnerability, with Harrison County facing evacuation mandates periodically, disrupting operations as seen post-2021 Ida, and elevating premiums by 20-30%. Infrastructure challenges, such as occasional flooding near Firetower Road analogs, may require additional capital for flood-proofing. Occupancy stability at 85% supports reliable cash flow, but economic ties to tourism and manufacturing (e.g., nearby DuPont plant) introduce cyclical risks, advising diversified tenant mixes to mitigate downturns.