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    6040 Goodman Rd Walls, MS 38680

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    For Sale
    $3,679,090

    Long-term investment opportunity with drive-thru and extension options.

    Property size:
    11,945 SF
    Lot size:
    1.67 Acres

    Property Features for 6040 Goodman Rd

    General Information

    Size
    11,945 SF
    Lot size
    1.67 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    NN Investment Property with Options

    This long-term triple-net investment property has approximately 9 years remaining on the lease, with ten 5-year extension options. The lease is guaranteed by CVS Caremark Corporation (NYSE: CVS), which holds a BBB credit rating from S&P. The property encompasses a sizable approximately 1.46-acre lot, featuring a convenient drive-thru and multiple points of ingress and egress. The building size is 11945 square feet and is located at 6040 Goodman Rd, Walls, MS.
    Location Intelligence

    Current Use by Public Records

    CVS Drug Store ATM Atm CVS Pharmacy Pharmacy MoneyGram Money Transfer Service UPS Access Point ... Shipping And Mailing Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Pharmacy Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Walls
    County
    DeSoto
    State
    Mississippi
    Longitude
    -90.09692
    Latitude
    34.963038

    FAQs

    What type of property is this?
    Drug store - Long-term investment opportunity with drive-thru and extension options.
    Where is this drug store located?
    The property is located at 6040 Goodman Rd Walls, MS.
    What is the asking price?
    The asking price for this property is $3,679,090.
    What are key features of this property?
    This property features: - Corporate Guaranteed Asset: Lease guaranteed by CVS Caremark Corporation (NYSE: CVS) with a BBB credit rating from S&P.; - Long-Term NN Investment: Approximately 9 years remaining on the lease with 10, 5-year extension options.; - Drive-thru Present: Features a convenient drive-thru.
    (332) 345-2408
    Request Owner's contact information
    6040 Goodman Rd Walls, MS 38680
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    6040 Goodman Rd
    Walls, MS 38680
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6040 Goodman Rd Walls, MS 38680
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