Investment Pharmacy Retail
For Sale
Contact for pricing
305 Meadowbrook Rd, Jackson, MS 39206
Investment-grade retail pharmacy asset leased to a BBB+ credit tenant.
Property Size12,012 SF
Price / SF$382.28
Days on Market162
Property Features for 305 Meadowbrook Rd
General Information
Standard status
Active
Size
12,012 SF
Property subtype
RETAIL
Listing Agency:
Lee & Associates | North San Diego County
(760) 519-0240
Listed By:
Ryan Bennett · License #01826517
(760) 519-0240
Source:
Moodyscre
Added: Feb 18
Changed: Jul 28
Last Checked: Jul 30 at 7:55AM
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 for-sale retail pharmacy property is leased to an investment-grade credit tenant (S&P: BBB+).
The tenant is described in the offering materials as the largest retail pharmacy in the U.S., with $357.8 billion in revenues and a Fortune 500 ranking of #6, operating 9,100+ retail pharmacies nationwide.
The property’s documented size is 12,012 square feet.
The tenant is described in the offering materials as the largest retail pharmacy in the U.S., with $357.8 billion in revenues and a Fortune 500 ranking of #6, operating 9,100+ retail pharmacies nationwide.
The property’s documented size is 12,012 square feet.
Key Highlights
- Investment‑grade retail pharmacy leased to an S&P BBB+ credit tenant
- Tenant is ranked #6 on the Fortune 500 list
- Tenant reports revenues of $357.8 billion
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $187.4k | $15.60 |
| − Vacancy | −$9.4k | −$0.78 |
| EGI | $178.0k | $14.82 |
| − OpEx | −$44.5k | −$3.70 |
| NOI | $133.5k | $11.11 |
12,012 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.91M
$1.67M – $2.23M
NOI $133,513 @ 7.0% cap · market cap 2.91%
Second Best
Retail
$1.70M
$1.49M – $1.98M
NOI $119,063 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,086 @ 7.0% cap · market cap 3.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
479
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Investment-grade retail pharmacy asset leased to a BBB+ credit tenant.
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 retail pharmacy leased to an S&P BBB+ credit tenant; Tenant is ranked #6 on the Fortune 500 list; Tenant reports revenues of $357.8 billion
