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




Snapshot                                              Offering Highlights
Development                                                 Historic Downtown Biloxi Central Business District
Opportunity:         Office, Retail,                        Close Proximity to US Hwy 90, Interstate 110,
                     Hospitality, Restaurant,                Casino Row
                     Pub, Medical,                          Several Financial Incentives Available
                     Investment                             Cornerstone landmark located at the entrance to the
Year Built:                                                  campus style setting of the Vieux Marche Mall.
Approx SF:           45,000                                 Some tenants in place.

Asking Price:        $3,250,000
Rental Rate:         Starts at $6/sf




To learn more, please contact:            Charles Taylor                     Alan Weaver
                                          Advisor                            Advisor
Grubb & Ellis | Sawyer Commercial
2510 14th Street                          228.314.5004                       228.217.4644
Suite 1013                                charles@sawyercommercial.com       alan@sawyercommercial.com
Gulfport, MS 39501
228.863.0232 main
228.863.0632 fax
www.sawyercommercal.com
Development Opportunity
Historic Barq Building
824 Howard Ave. Biloxi, MS 39530
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.

                            PUBLIC PARKING           Property has alleyway
               Saenger
               Theater                 230+ Spaces   adjacent to east side of
                                                     property for easy access
                                                     from public parking lot in
                                                     rear.

                                                     Property is adjacent to
                                                     Biloxi Regional Hospital.



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




Financial & Tax Incentives
Grants Available

      CDBG Program for Economic Development                              Industrial Property Tax Exemption
      CDBG Loan for Economic Development                                 Jobs Tax Credits
      CDBG for Emergency Projects                                        Manufacturing Investment Tax Credits
      CDBG for Public Facilities Projects                                Motion Picture Production Tax Incentive
      CDBG for Self Help Projects                                           Program
      Development Infrastructure Grant Program (DIP)                     Mississippi Aerospace Initiative Incentives
      Economic Development Highway Grant Program (EDH)                      Program
                                                                        
       Small Municipal and Limited Population Counties Grant ProgramCommunityMississippi Clean Energy Initiative Program
                                                                             Heritage Preservation Grant Program
      Mississippi Archaeological Research Grant Program                  Mississippi Data Center Incentives
      Hurricane Relief Grant Program for Historic Preservation           Mississippi Equity Investment Tax Credits
      Historic Tax Credits Program                                       National or Regional Headquarters Tax Credits
                                                                          National or Regional Headquarters Sales Tax
                                                                             Credit
                                                                          Property Tax Exemption for Industrial Revenue
Loans Available                                                              Bond Financing
                                                                          Property Tax Exemption on In-State Inventory
                                                                          Property Tax Exemption for Broadband
     Business Incubator Loan Program
                                                                             Technology
     Capital Access Contract Loan Program
                                                                          Property Tax Fee in Lieu
     Capital Access Loan Loss Reserve Program
                                                                          Research and Development Skills Tax Credits
     Capital Improvements Revolving Loan Program (CAP)
                                                                          Rural Economic Development
     Energy Investment Loan Program
                                                                          Sales and Use Tax Exemption for Bond
     Existing Industry Productivity Loan Program
                                                                             Financing
     Freight Rail Service Revolving Loan Program
                                                                          Sales and Use Tax Exemption for Construction
     Job Protection Loan Program                                            or Expansion
     Minority Business Enterprise Loan Program (MBE)                     Sales Tax Exemption for Broadband
     MS Business Investment Act Loan Program (MBIA)                         Technology
     Research and Development Loan Program                               Sales Tax Exemption for Motion Picture
                                                                             Production
                                                                          Skills Training Income Tax Credits
                                                                          Tax Summary
Tax Exemptions, Incentives and Credits.                                   Tourism Rebate Program

    
    
        Advantage Jobs Program
        Broadband Technology Tax Credits                            GO business abatement is offered by City of Biloxi
                                                                    for new ZONE STILL businesses
                                                                    A seven year tax
                                                                                       development. This locks
       Free Port Warehouse Property Tax Exemption                  into current tax rate for seven years.
    
    
        Growth and Prosperity Program
        Industrial Property Tax Exemption
                                                                    AVAILABLE UNTIL THE
    
    
        Jobs Tax Credits
        Manufacturing Investment Tax Credits
                                                                    END OF 2011
       Motion Picture Production Tax Incentive Program
Development Opportunity
Historic Barq Building
824 Howard Ave. Biloxi, MS 39530




 Metropolitan Statistical Areas in Mississippi
Development Opportunity
Historic Barq Building
824 Howard Ave. Biloxi, MS 39530




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




                                  Floor Plan                                      N

                          36’                                          105’
                 ELEV
                                                     18’         30’

                                                           25’
Reynoir Street




                                                                                             E
                 92’              90’         9 2’                                    101’

                                                                          175’




                        36’             25’




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




                                              Plat
                                                                    51.2




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




                                                                  216.1



                                                                           225.3
                                                                 54.1




 To learn more, please contact:
                                        Charles Taylor                     Alan Weaver
 Grubb & Ellis | Sawyer Commercial      Advisor                            Advisor
 2510 14th Street                       228.314.5004                       228.217.4644
 Suite 1013                             charles@sawyercommercial.com       alan@sawyercommercial.com
 Gulfport, MS 39501
 228.863.0232 main
 228.863.0632 fax
 www.sawyercommercal.com
Development Opportunity
Historic Barq Building
824 Howard Ave. Biloxi, MS 39530

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Barq Building Flyer

  • 1. Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530 Snapshot Offering Highlights Development  Historic Downtown Biloxi Central Business District Opportunity: Office, Retail,  Close Proximity to US Hwy 90, Interstate 110, Hospitality, Restaurant, Casino Row Pub, Medical,  Several Financial Incentives Available Investment  Cornerstone landmark located at the entrance to the Year Built: campus style setting of the Vieux Marche Mall. Approx SF: 45,000  Some tenants in place. Asking Price: $3,250,000 Rental Rate: Starts at $6/sf To learn more, please contact: Charles Taylor Alan Weaver Advisor Advisor Grubb & Ellis | Sawyer Commercial 2510 14th Street 228.314.5004 228.217.4644 Suite 1013 charles@sawyercommercial.com alan@sawyercommercial.com Gulfport, MS 39501 228.863.0232 main 228.863.0632 fax www.sawyercommercal.com
  • 2. Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530
  • 3. 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. PUBLIC PARKING Property has alleyway Saenger Theater 230+ Spaces adjacent to east side of property for easy access from public parking lot in rear. Property is adjacent to Biloxi Regional Hospital. Biloxi Regional Medical Center
  • 4. Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530 Financial & Tax Incentives Grants Available  CDBG Program for Economic Development  Industrial Property Tax Exemption  CDBG Loan for Economic Development  Jobs Tax Credits  CDBG for Emergency Projects  Manufacturing Investment Tax Credits  CDBG for Public Facilities Projects  Motion Picture Production Tax Incentive  CDBG for Self Help Projects Program  Development Infrastructure Grant Program (DIP)  Mississippi Aerospace Initiative Incentives  Economic Development Highway Grant Program (EDH) Program   Small Municipal and Limited Population Counties Grant ProgramCommunityMississippi Clean Energy Initiative Program Heritage Preservation Grant Program  Mississippi Archaeological Research Grant Program  Mississippi Data Center Incentives  Hurricane Relief Grant Program for Historic Preservation  Mississippi Equity Investment Tax Credits  Historic Tax Credits Program  National or Regional Headquarters Tax Credits  National or Regional Headquarters Sales Tax Credit  Property Tax Exemption for Industrial Revenue Loans Available Bond Financing  Property Tax Exemption on In-State Inventory  Property Tax Exemption for Broadband  Business Incubator Loan Program Technology  Capital Access Contract Loan Program  Property Tax Fee in Lieu  Capital Access Loan Loss Reserve Program  Research and Development Skills Tax Credits  Capital Improvements Revolving Loan Program (CAP)  Rural Economic Development  Energy Investment Loan Program  Sales and Use Tax Exemption for Bond  Existing Industry Productivity Loan Program Financing  Freight Rail Service Revolving Loan Program  Sales and Use Tax Exemption for Construction  Job Protection Loan Program or Expansion  Minority Business Enterprise Loan Program (MBE)  Sales Tax Exemption for Broadband  MS Business Investment Act Loan Program (MBIA) Technology  Research and Development Loan Program  Sales Tax Exemption for Motion Picture Production  Skills Training Income Tax Credits  Tax Summary Tax Exemptions, Incentives and Credits.  Tourism Rebate Program   Advantage Jobs Program Broadband Technology Tax Credits GO business abatement is offered by City of Biloxi for new ZONE STILL businesses A seven year tax development. This locks  Free Port Warehouse Property Tax Exemption into current tax rate for seven years.   Growth and Prosperity Program Industrial Property Tax Exemption AVAILABLE UNTIL THE   Jobs Tax Credits Manufacturing Investment Tax Credits END OF 2011  Motion Picture Production Tax Incentive Program
  • 5. Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530 Metropolitan Statistical Areas in Mississippi
  • 6. Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530 Tax Abatement Districts
  • 7. Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530 Floor Plan N 36’ 105’ ELEV 18’ 30’ 25’ Reynoir Street E 92’ 90’ 9 2’ 101’ 175’ 36’ 25’ Howard Avenue Land
  • 8. Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530 Plat 51.2 1410K-03-037.000 1410K-03-037.001 216.1 225.3 54.1 To learn more, please contact: Charles Taylor Alan Weaver Grubb & Ellis | Sawyer Commercial Advisor Advisor 2510 14th Street 228.314.5004 228.217.4644 Suite 1013 charles@sawyercommercial.com alan@sawyercommercial.com Gulfport, MS 39501 228.863.0232 main 228.863.0632 fax www.sawyercommercal.com
  • 9. Development Opportunity Historic Barq Building 824 Howard Ave. Biloxi, MS 39530