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CVS Pharmacy 305 Meadowbrook Rd 12,117 SF Retail Building Jackson, MS 39206 $6,410,065 CAD ($529.01 CAD/SF) 9% Cap Rate

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INVESTMENT HIGHLIGHTS

  • CVS Health Corp: Investment Grade Credit Tenant (S&P: BBB) | Largest Pharmacy in the U.S.
  • Real Estate Advantage | Hard Corner Signalized Intersection of Meadowbrook Rd & N. State St/SR-51 | Outparcel to Meadowbrook Grocery Anchored Center
  • Located Along Major Retail/Commuter Corridor | Strong Retail Synergy | Just 2 Miles from Interstate 55 | Completed Improvements to N. State St/SR-51
  • Over 9 Years Remaining on Lease Term | Long-Term Passive Income Stream | Absolute NNN Lease
  • Proximity to Several Major Medical Centers | Near University of Mississippi Medical Center | One of the States Largest Employers
  • Located in City of Jackson | Capital City of Mississippi | Most Populated City in the State | Over 1 Million People Visit Downtown Every Year

EXECUTIVE SUMMARY

Lee & Associates, listed in conjunction with Mississippi real estate broker Bang Realty-Mississippi, Inc., is pleased to exclusively offer for sale the opportunity to acquire the fee simple interest in a CVS Pharmacy investment property located in Jackson, Mississippi (the “Property”). Constructed in 2008 as a build-to-suit for CVS, the Property consists of a 12,012-square-foot retail building with drive thru lane situated on a 1.54-acre parcel.
This property offers a highly desirable Absolute-NNN lease with over 9-years remaining, providing a truly passive, long-term income stream.

ATTACHMENTS

CVS, Jackson, MS

PROPERTY FACTS

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,117 SF
Building Class
B
Year Built
2008
Price
$6,410,065 CAD
Price Per SF
$529.01 CAD
Cap Rate
9%
NOI
$576,875 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.54 AC
Opportunity Zone
Yes
Zoning
C-3 - General Commercial
Parking
66 Spaces (5.45 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Piggly Wiggly
Krystal
Rent-A-Center
PJ's Coffee Of New Orleans
BankPlus

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0430-0310-001
Land Assessment
$41,044 CAD
Improvements Assessment
$159,650 CAD
Total Assessment
$200,694 CAD
  • Listing ID: 36128973

  • Date on Market: 2025-06-05

  • Last Updated:

  • Address: 305 Meadowbrook Rd, Jackson, MS 39206

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