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Walgreens | 11+Yrs Remain Corp Abs NNN 310 Meadowbrook Rd 14,550 SF Retail Building Jackson, MS 39206 $8,026,491 CAD ($551.65 CAD/SF) 7% Cap Rate
Investment Highlights
- Over 11 Years Remaining | Corporate Signed Lease | Well Known & Established Tenant
- Signalized, Hard Corner Intersection | Excellent Visibility & Access | Drive-Thru Equipped
- Strong Demographics In 5-Mile Trade Area
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Highland Village (2.4M+ Visitors) | Dense Retail Corridor
Executive Summary
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 Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,550 SF
Building Class
B
Year Built
2015
Price
$8,026,491 CAD
Price Per SF
$551.65 CAD
Cap Rate
7%
NOI
$561,868 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.68 AC
Zoning
General Commercial Distri - General Commercial District
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Walgreens Boots Alliance traces its roots to Walgreens, founded in Chicago in 1901, and later grew through the combination with Alliance Boots into a broader healthcare, pharmacy, and retail business. The company describes itself as an integrated healthcare, pharmacy, and retail leader serving millions of customers and patients every day. Its business spans retail pharmacy, prescription services, health and wellness products, and related healthcare offerings, reflecting a focus on community-based care and access to medicines and services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0430-0020-002 | Improvements Assessment | $58,929 CAD |
| Land Assessment | $16,280 CAD | Total Assessment | $75,209 CAD |
Property Taxes
Parcel Number
0430-0020-002
Land Assessment
$16,280 CAD
Improvements Assessment
$58,929 CAD
Total Assessment
$75,209 CAD
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Walgreens | 11+Yrs Remain Corp Abs NNN | 310 Meadowbrook Rd
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