Commercial Real Estate in Mississippi available for sale
NNN Properties For Sale

NNN Properties for Sale in Mississippi, USA

More details for 7021 Highway 614, Moss Point, MS - Retail for Sale

8.5 Cap CVS Pharmacy High Performing Location - 7021 Highway 614

Moss Point, MS 39562

  • NNN Property
  • Retail for Sale
  • $2,391,517 CAD
  • 10,880 SF

Moss Point Retail for Sale

Full 3 year rent credit at closing. $445,908 credit at closing! Colliers is excited to present an exceptional investment opportunity: the fee simple interest in a single-tenant CVS Pharmacy located in the thriving community of Hurley, Mississippi (the "Property"). This prime retail asset spans 2.30 acres and features a meticulously designed, 10,880-square-foot CVS Pharmacy, built-to-suit in 2005 to meet the tenant’s exact specifications. Strategically positioned in Hurley’s primary retail corridor at the intersection of State Highway 614 and State Highway 613 (boasting a combined 12,020 vehicles per day), this property offers unmatched visibility and accessibility, making it a standout in the region. The Property is anchored by a robust 25-year absolute NNN lease with CVS Health Corporation, a Fortune 6 company, which commenced on December 22, 2005, and runs through January 31, 2031, with approximately 7 years remaining. The annual base rent is $148,636, complemented by two (2) five-year fixed-rate renewal options and eight (8) additional five-year fair market value renewal options, ensuring long-term stability and income potential. With zero landlord responsibilities, this passive investment delivers secure, hassle-free returns. Hurley, Mississippi, offers a unique blend of small-town charm and economic vitality, making this CVS Pharmacy an ideal acquisition. Located in Jackson County—the most industrialized county in Mississippi—the area is a hub of opportunity, driven by major employers like Ingalls Shipbuilding and the Chevron Pascagoula Refinery. The Property benefits from its proximity to the Singing River Medical Clinic, part of the Singing River Health System, one of the Mississippi Gulf Coast’s largest employers with over 3,500 staff and service to more than 100,000 patients annually. As the only freestanding retail pharmacy within a 20-mile radius, this CVS location enjoys a captive market and a strategic advantage in serving the healthcare needs of the growing local population. The surrounding region is poised for continued growth, with a 43.4% population increase within 5 miles since 2000 and a projected annual growth rate of 0.41% through 2029. Households in the area have seen a remarkable 49.1% rise over the same period, with an average household income of $93,345 within 5 miles, reflecting strong economic fundamentals. Positioned just 24 miles north of Pascagoula and 35 miles west of Mobile, Alabama, the Property benefits from its proximity to key economic hubs, including the Port of Pascagoula, while maintaining its rural appeal and excellent highway frontage. this CVS Pharmacy represents a rare chance to acquire a high-quality, income-generating asset in a growing market, backed by a world-class tenant and a location that combines convenience, exclusivity, and long-term value.

Contact:

Colliers

Property Subtype:

Drug Store

Date on Market:

2025-04-04

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More details for 12075 Lamey Bridge Rd, Diberville, MS - Retail for Sale

Academy Sports + Outdoors - 12075 Lamey Bridge Rd

Diberville, MS 39540

  • NNN Property
  • Retail for Sale
  • $13,955,385 CAD
  • 62,943 SF
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More details for 629 Grants Ferry Rd, Flowood, MS - Retail for Sale

Advance Auto Parts | 10+yrs Corp Abs NNN - 629 Grants Ferry Rd

Flowood, MS 39232

  • NNN Property
  • Retail for Sale
  • $1,338,910 CAD
  • 6,838 SF
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More details for 904 US-72, Corinth, MS - Retail for Sale

Pizza Hut - 904 US-72

Corinth, MS 38834

  • NNN Property
  • Retail for Sale
  • $2,246,821 CAD
  • 2,100 SF
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More details for 404 Enterprise Dr, Oxford, MS - Office for Sale

New, High-End Professional Office Building - 404 Enterprise Dr

Oxford, MS 38655

  • NNN Property
  • Office for Sale
  • $3,419,075 CAD
  • 6,390 SF
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More details for 421 Pineview Dr, Flowood, MS - Retail for Sale

Freddy's | New 15yr Abs NNN w/ Incrs | DrThru - 421 Pineview Dr

Flowood, MS 39232

  • NNN Property
  • Retail for Sale
  • $4,342,225 CAD
  • 2,788 SF
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More details for 1313 W Park Ave, Greenwood, MS - Retail for Sale

Pizza Hut - 1313 W Park Ave

Greenwood, MS 38930

  • NNN Property
  • Retail for Sale
  • $1,722,200 CAD
  • 2,732 SF
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More details for 310 Meadowbrook Rd, Jackson, MS - Retail for Sale

Walgreens | 11+Yrs Remain Corp Abs NNN - 310 Meadowbrook Rd

Jackson, MS 39206

  • NNN Property
  • Retail for Sale
  • $8,010,209 CAD
  • 14,550 SF
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More details for 2089 Southridge Dr, Tupelo, MS - Office for Sale

Hospital-Leased ASC | 3.5% Escalations | NNN - 2089 Southridge Dr

Tupelo, MS 38801

  • NNN Property
  • Office for Sale
  • 11,031 SF
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More details for GREIF NNN INDUSTRIAL – Industrial for Sale

GREIF NNN INDUSTRIAL

  • NNN Property
  • Industrial for Sale
  • 408,902 SF
  • 4 Industrial Properties
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More details for Retail Portfolio | Lakeview Commons – Retail for Sale, Southaven, MS

Retail Portfolio | Lakeview Commons

  • NNN Property
  • Retail for Sale
  • $3,077,168 CAD
  • 10,800 SF
  • 2 Retail Properties

Southaven Portfolio of properties for Sale - DeSoto County

Lakeview Commons represents a rare, cash-flowing retail investment opportunity in ZIP code 38671 — a fast-growing Southaven submarket. The low-maintenance center’s 10,800 SF of retail space sits at the high-traffic corner of Airways Boulevard and Stateline Road, an intersection that provides ideal visibility and access for both residents and commuters. Strategically positioned within two miles of Baptist DeSoto Hospital and surrounded by more than 5 million square feet (SF) of industrial space, the property benefits from a robust daytime population of 21,900 employees and over 2,000 nearby businesses. Given tight supply of well-positioned, stabilized retail centers in Desoto County, Lakeview Commons offers investors a rare chance to acquire a low-maintenance, performing asset in a dense, growing trade area — making it a highly compelling and hard-to-find passive retail investment. Additionally, with the property’s recent upgrades, an investor may be able to maximize tax efficiency with a cost segregation study—unlocking accelerated depreciation opportunities that can materially enhance after-tax yield. 10 Reasons Why This is a Great Investment 1. Scarcity of Stabilized, Cash-Flowing Assets in 38671 • Very few "turnkey," newer construction assets trade in this submarket. • Most inventory at 9% caps involves older roofs, aging parking lots, legacy HVAC, or vacancy risk. • Lakeview Commons is fully stabilized and performing, which commands pricing premium. ? 2. New Construction + Recent Capital Improvements • Recently upgraded parking lot, HVAC systems, and demising work. • Lower near-term capital expenditure needs = reduced operational risk. • Investors typically pay tighter caps for assets requiring minimal upfront CapEx. ? 3. Strong Corner Location with High Visibility • Hard corner at Airways & Stateline with heavy traffic counts. • Superior visibility and access compared to comparable centers. • Better corners trade at better caps. ? 4. Prime Demographics & Daytime Demand • ZIP 38671 demographics outperform many suburban retail markets: • Population density: 1,600+ people per sq mile • Median household income: ~$61,700 • Strong daytime population from hospital + industrial corridor • Supports daily-needs retail and minimizes occupancy volatility. ? 5. Capital Market Conditions: Interest Rates Shift Buyer Preferences • Elevated commercial interest rates have pushed distressed or aging centers to 9% caps or higher. • Newer, stable, low-maintenance assets like Lakeview Commons compress in cap rate because they reduce financing risk and income volatility. • Investors are prioritizing long-term stability and predictable NOI in high-rate cycles. ? 6. Cost Segregation Opportunity Enhances After-Tax Returns • Recent capital improvements make the property a strong candidate for a buyer-initiated cost segregation study. • Potential for accelerated depreciation on: • New HVAC units • Parking improvements • Interior build-out / demising elements Effective after-tax yield may outperform the stated 7.32% return, strengthening the economic rationale for the pricing. ? 7. Priced Below Replacement Cost • Rising construction costs (labor, materials, site work) make reproducing this asset significantly more expensive today. • Buying below replacement cost justifies tighter cap rates and supports long-term value retention. ? 8. Long-Term Appreciation Potential • Hard-corner, high-traffic retail sites historically outperform the broader retail market. • Limited availability of future comparable development sites. • Better exit strategy = stronger pricing power today. ? 9. Strong Blend of Longstanding and Newer Tenants Supports Stability • A healthy mix of long-term occupants (some in place since 2008, 2010, 2015) combined with newer service-based tenants, have recently signed multi-year leases. • This blend reduces rollover risk while also keeping the center dynamic and relevant to the trade area. • The stability of long-term tenants paired with the momentum of new leases supports low vacancy risk in the near and mid-term. ? 10. Below-Market Rents Create Future Upside Potential • Several existing tenants—especially those with long occupancy histories—are paying below current market rental rates. • This presents a clear opportunity to capture rental uplift at renewal or during option negotiations. • The ability to gradually move rents to market over time enhances long-term NOI growth, supporting the property’s premium pricing. IMPORTANT NOTE: PLEASE DO NOT DISTURB CURRENT TENANTS; DRIVE BY ONLY.

Contact:

Myers Commercial Real Estate

Date on Market:

2025-12-08

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More details for 11150 MS-363, Mantachie, MS - Retail for Sale

Dollar General | Mantachie, MS (Hwy 363) - 11150 MS-363

Mantachie, MS 38855

  • NNN Property
  • Retail for Sale
  • $2,706,192 CAD
  • 10,566 SF
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More details for At Home - Master Lease Portfolio – Retail for Sale

At Home - Master Lease Portfolio

  • NNN Property
  • Retail for Sale
  • $57,139,435 CAD
  • 533,532 SF
  • 5 Retail Properties
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