Freestanding Drive-Thru Pharmacy
109 Duncan Street Water Valley, MS 38965
109 Duncan Street, Water Valley, MS, 38965
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For Sale
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Pending
Fred’s Pharmacy property offers a drive-thru pharmacy and a new 15-year absolute triple-net lease with no landlord responsibilities.
Days on Market103
Property Features for 109 Duncan Street
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
HMX Realty Advisors
(212) 686-0072
Listed by
Dan de Sa · License #NY 40DE0945716
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 12:32AM Checked: Jul 21 at 10:40AM
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Investment Insights
Based on property information with market context.
Freud’s Pharmacy has operated at this location for nearly 60 years, since 1959. The property includes a pharmacy with drive-thru service and a license to sell beer. Following sale, Fred’s will sign a new 15-year, absolute triple-net lease, with no landlord responsibilities, and the lease includes increases during the base term and option periods.
The property is located in the center of Water Valley, Mississippi, next to a new bank. The surrounding area has experienced gentrification, reflected along Main Street by new independent coffee shops, restaurants, and clothing stores.
The property is located in the center of Water Valley, Mississippi, next to a new bank. The surrounding area has experienced gentrification, reflected along Main Street by new independent coffee shops, restaurants, and clothing stores.
Key Highlights
- Fred’s Pharmacy in Water Valley, MS has operated at this location since 1959 (nearly 60 years)
- New 15‑year absolute triple‑net lease at closing with Fred’s signing, and no landlord responsibilities
- Lease includes rent increases during the base term and option periods
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
Similar For Sale Nearby
Similar Off Market Nearby
- Valley Drugs, Inc — 327B S Main St, Water Valley, MS 38965
- Turnage Drug Store — 323 N Main St, Water Valley, MS 38965
FAQs
What type of property is this?
Drug store - Fred’s Pharmacy property offers a drive-thru pharmacy and a new 15-year absolute triple-net lease with no landlord responsibilities.
Where is this drug store located?
The property is located at 109 Duncan Street Water Valley, MS.
What are key features of this property?
This property features: Fred’s Pharmacy in Water Valley, MS has operated at this location since 1959 (nearly 60 years); New 15‑year absolute triple‑net lease at closing with Fred’s signing, and no landlord responsibilities; Lease includes rent increases during the base term and option periods
