305 Meadowbrook Rd, Unit | Jackson Jackson, MS 39206
NNN leased investment opportunity with long-term passive income stream.
Property size:
12 SFProperty Features for 305 Meadowbrook Rd
General Information
- Size
- 12 SF
Source:
Lee-associates
Listing Agent: Ryan Bennett
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
NNN Retail Investment Opportunity
This retail property is leased to CVS Health Corp, the largest pharmacy in the U.S., with an investment-grade credit rating (S&P: BBB). The lease has over 9 years remaining, providing a long-term passive income stream under an absolute NNN lease structure. The property benefits from a hard corner location at the signalized intersection of Meadowbrook Rd & N. State St/SR-51 and is an outparcel to Meadowbrook Shopping Center, anchored by Piggly Wiggly. Its location along a major retail and commuter corridor offers strong retail synergy. The property is situated near several major medical centers, including the University of Mississippi Medical Center, one of the state's largest employers, supporting the tenant's success. Located just 2 miles from Interstate 55, the property is in the city of Jackson, the capital of Mississippi and the state's most populated city, which sees over 1 million visitors downtown annually. Improvements to N. State St/SR-51 were completed in 2020. The property is suitable for investment purposes.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
CVS Photo
Passport Photo Processor
CDReload - Online Bitcoin ...
Crypto Atm
Redbox
Movie Rental Kiosk
CVS
Drug Store
CVS Pharmacy
Pharmacy
Similar Places Nearby
CVS, Walgreens Pharmacy, CVS Pharmacy, Joann Giraud, COVID-19 Drive-Thru Testing at Walgreens
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.1749281
- Latitude
- 32.3496176
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FAQs
What type of property is this?
Drug store - NNN leased investment opportunity with long-term passive income stream.
Where is this drug store located?
The property is located at 305 Meadowbrook Rd, Unit | Jackson Jackson, MS.
What is the asking price?
The asking price for this property is $4,592,000.
What are key features of this property?
This property features: - Investment Grade Credit Tenant (CVS Health Corp, S&P: BBB); - Absolute NNN Lease Real Estate Advantage: Long-Term Passive Income Stream; - Over 9 Years Remaining on Lease Term