Vicksburg Net Lease Investment
For Sale
$2,075,000
2310 Clay St, Vicksburg, MS 39180
Net leased drugstore investment opportunity in Vicksburg, Mississippi.
Property Size11,268 SF
Days on Market172
Property Features for 2310 Clay St
General Information
Standard status
Active
Size
11,268 SF
Class
C
Property subtype
Retail
Net Operating Income
$160,736
Building Details
Building Size
11,268 SF
Year Built
1999
Listing Agency:
(601) 586-3220
Listed By:
Sam Cox, SIOR
Source:
Pinpointcres
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 24 at 4:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sam Cox, SIOR
Investment Insights
Based on property information with market context.
Located at the corner of Clay Street and Mission 66 in Vicksburg, Mississippi, this property has been home to a successful drugstore since 1998. The property is strategically located less than one mile from downtown Vicksburg and near national retailers such as Dollar General, O'rielly Auto Parts, and McDonald's, as well as St Aloysius High School, Vicksburg Junior High School and Warren Central Junior High School. This net lease investment opportunity features a national credit tenant with six (5 year) option periods to extend.
Key Highlights
- National Credit Tenant provides reliable income stream.
- Net Lease structure offers a passive investment opportunity.
- Attractive 7.75% capitalization rate.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
72k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 44%
Apparel 5%
Home Improvements & Furnishings 2%
McDonald's
Dining
18,249 visits/mo
0.1 miles
Dollar Tree
Shops & Services
8,476 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
7,687 visits/mo
0.5 miles
Family Dollar
Shops & Services
7,079 visits/mo
0.0 miles
KFC
Dining
5,979 visits/mo
0.4 miles
Demographics for 39180, MS
30,383
Population
14,397
Households
2.1
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
261.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,658
Median Household Income
$36,274
Median Earnings
$917
Median Rent
$144,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- CDs Home Care — 1911 Mission 66 # H, Vicksburg, MS 39180
- Steve M. Mabry Jr, RPh — Vicksburg, MS 39180
- Logan Kelley, Pharm — 2310 Clay St, Vicksburg, MS 39183
- COVID-19 Drive-thru Testing at Walgreens — 2310 Clay St, Vicksburg, MS 39183
- Walgreens Pharmacy — 2310 Clay St, Vicksburg, MS 39183
Frequently Asked Questions
What type of property is this?
Drug store - Net leased drugstore investment opportunity in Vicksburg, Mississippi.
Where is this drug store located?
The property is located at 2310 Clay St Vicksburg, MS.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: National Credit Tenant provides reliable income stream.; Net Lease structure offers a passive investment opportunity.; Attractive 7.75% capitalization rate.
