305 Meadowbrook Rd - Freestanding FOR SALE


Jackson, MS 39206
$5,000,000 USD
480-221-4221
305 Meadowbrook Rd, Jackson, MS for Sale
$5,000,000 USD
Freestanding - FOR SALE
1/9
null | 8.27% Cap Rate

305 Meadowbrook Rd
Jackson, MS 39206


HIGHLIGHTS

  • Approximately 10 Years Remaining | Options To Extend | Corporate Signed
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Meadowbrook Center (183,000 SF) | Northwood Center (60,000 SF) |Broadway Crossing (325,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding CVS Pharmacy investment property located in Jackson, Mississippi. The tenant, CVS Pharmacy has approximately 10 years remaining on their current lease with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

8.27%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS | Approx 10yrs Remain Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

C-3

APN/PARCEL ID

0430-0310-001

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.