NNN Retail Investment
For Sale
$4,592,000
305 Meadowbrook Rd, Jackson, MS 39206
NNN leased investment opportunity with long-term passive income stream.
Property Size12,012 SF
Price / SF$382,666
Days on Market348
Property Features for 305 Meadowbrook Rd
General Information
Standard status
Active
Size
12,012 SF
Property subtype
Retail
Building Details
Building Size
12,012 SF
Listing Agency:
Lee & Associates | North San Diego County
(760) 519-0240
Listed By:
Ryan Bennett · License #CalDRE #01826517
(760) 519-0240
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Aug 22
Last Checked: Aug 22 at 3:45AM
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 Lee & Associates | North San Diego County
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39206, MS
22,553
Population
11,237
Households
2
Avg Household Size
38
Median Age
28%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
2,563
Density / Sq Mi
$41,611
Median Household Income
$32,410
Median Earnings
$1,084
Median Rent
$117,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- CVS — 305 Meadowbrook Rd, Jackson, MS 39206
- Walgreens Pharmacy — 310 Meadowbrook Rd, Jackson, MS 39206
- CVS Pharmacy — 305 Meadowbrook Rd, Jackson, MS 39206
- Joann Giraud — Meadowbrook Shopping Center, 305 Meadowbrook Rd, Jackson, MS 39206
- COVID-19 Drive-Thru Testing at Walgreens — 310 Meadowbrook Rd, Jackson, MS 39206
Frequently Asked Questions
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 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
