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Walgreens 50%+ Increase in Sales Since 2020! 2310 Clay St 11,268 SF Retail Building Vicksburg, MS 39183 $2,895,040 CAD ($256.93 CAD/SF) 7.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • National Credit Tenant
  • Minimal Landlord Responsibilities (Roof & Structure)
  • Passive Investment (Tenant Pays CAM's, Taxes and Insurance)
  • Six (5) Year Extension Options Remain
  • New Roof (Installed CY 2024)

EXECUTIVE SUMMARY

Pinpoint Commercial is proud to present 2310 Clay St available for sale. This net lease investment opportunity is located in Vicksburg, MS on the corner of the heavily trafficked Clay St and Mission 66. Since 1998, this corner has been home to a successful drug store operation. The property is strategically located near national retailers such as Dollar General, O'rielly Auto Parts, and McDonald's as well as St Aloysius High School, Vicksburg Junior High School and Warren Central Junior High School. This unique opportunity offers a national credit tenant with six (5 year) option periods to extend offered at a 7.75% going-in-cap rate. For more information, please contact Pinpoint Commercial Real Estate at 601.586.3220.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,268 SF
Building Class
C
Year Built
1998
Price
$2,895,040 CAD
Price Per SF
$256.93 CAD
Cap Rate
7.75%
NOI
$224,259 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.39 AC
Opportunity Zone
Yes
Zoning
B-2
Parking
65 Spaces (5.8 Spaces per 1,000 SF Leased)
Frontage
122’ on Clay Street

AMENITIES

  • Signage
  • Signalized Intersection

NEARBY MAJOR RETAILERS

Bestway Rent-To-Own
CrossFit
Cadence Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0943-20-0200-03-0205-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$194,068 CAD
  • Listing ID: 35763620

  • Date on Market: 2025-05-06

  • Last Updated:

  • Address: 2310 Clay St, Vicksburg, MS 39183

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