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Walgreens | Starkville, MS 220 Highway 12 W 14,490 SF Retail Building Starkville, MS 39759 $4,461,433 CAD ($307.90 CAD/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

Absolute Triple-Net (NNN) Lease with a Corporate Guarantee and Seven Years of Term Remaining.
Long Operating History | Walgreens has been Operating at this Location Since 2002 Showing Commitment to the Site.
Top-Ranked Walgreens Location by Visits Within a 15-Mile Radius (per placer.ai).

One Mile from Mississippi State University Campus which Serves 23,150 Students.
Very Limited Competition in the Trade Area.
Located at a Signalized Hard-Corner Intersection of Mississippi 12 and Louisville St with 34,400 VPD (vehicles per day).

EXECUTIVE SUMMARY

This NNN Walgreens lease has seven years of term remaining with 10, 5-year renewal options, ensuring a stable long-term investment. Walgreens has operated at this location since 2002, with the lease corporately guaranteed by Walgreens Co. The store is the top-ranked Walgreens within a 15-mile radius based on visit volume. Strategically situated at a high-traffic intersection, the property benefits from excellent visibility and its proximity to Mississippi State University, local schools, and popular retail hubs like Starkville Crossing, which is the top ranked shopping center within a 15-mile radius. The area has experienced over 8.76% population growth from 2010-2020, supporting a strong and growing daytime population.

Walgreens Starkville MS Costar Brochure