6040 Goodman Rd - Drug Store FOR SALE


Walls, MS 38680
$3,679,090 USD
332-345-4222
6040 Goodman Rd, Walls, MS for Sale
$3,679,090 USD
Drug Store - FOR SALE
1/2
null | 8.8% Cap Rate

6040 Goodman Rd
Walls, MS 38680


HIGHLIGHTS

  • Long-Term NN Investment with Options This long-term triple-net investment features approximately 9 years remaining on the lease
  • Drive-thru Present The property encompasses a sizable approximately 1.46-acre lot, featuring a convenient drive-thru
  • Corporate Guaranteed Asset The lease is guaranteed by CVS Caremark Corporation (NYSE: CVS), which holds a BBB credit rating from S&P.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a CVS Pharmacy located at 6040 Goodman Road, Walls, MS 38680. The site consists of roughly 11,945 rentable square feet of building space on an estimated 1.46-acre parcel of land. This CVS Pharmacy is subject to a 25 Years-year Triple Net (NNN) lease, which commenced 9/5/2008. The current annual rent is $323,760 and has scheduled increases of 5% increases in option 1 & 2, fmv thereafter.

FOR SALE DETAILS

PRICE

$3,679,090 USD

PRICE/SF

$296 USD /SF

CAP RATE

8.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

C-1

APN/PARCEL ID

1097250200000100

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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