310 Meadowbrook Rd, Jackson, MS 39206
14,550 SF | Retail Building | Jackson, MS 39206 | $5,857,000 ($403/SF) | 7% Cap Rate
For Sale
Active
6 pictures
Asking Price $5,857,000
- Property Type
-
Retail
- Square Feet
- 14,550 SF
- Price / Square Foot
- $403
Listing Contacts
Parker Walter
Martin Smith
- Property Info
Property Overview
SRS Real Estate, LLC and SRS Real Estate Partners, LLC are pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, corporate signed, Walgreens investment property located in Jackson, Mississippi. The tenant, Walgreens Co (NASDAQ: WBA), has over 11 years remaining on their current lease with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease is signed by the corporate entity and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Founded in 1901, Walgreens is among America’s largest pharmacies and health & beauty companies with nearly 9,000 stores in operation.
Property Details
- Class
- B
- Year Built
- 2015
- Stories
- 1
- Property Subtype
- Freestanding, Drug Store
- Lot Size (sq. ft)
- 73,181 SF
Highlights
- Over 11 Years Remaining | Corporate Signed Lease | Well Known & Established Tenant
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection | Excellent Visibility & Access | Drive-Thru Equipped
- Highland Village (2.4M+ Visitors) | Dense Retail Corridor
- Strong Demographics In 5-Mile Trade Area
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