310 Meadowbrook Rd Jackson, MS 39206
NNN leased Walgreens with over 11 years remaining in Jackson.
Type:Retail
Property size:
14,550 SFPrice / SF:
$402/SF- Added:
- Mar 6, 2024
- Days on Market:
- 792
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 310 Meadowbrook Rd
General Information
- Standard status
- Active
- Size
- 14,550 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Listing agent Parker Walter License #CA 02005574
Listing office SRS Real Estate Partners Newport Beach
Listing date Mar 6, 2024
Source Crexi
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 SRS Real Estate Partners Newport Beach
HighLights
- Absolute NNN lease offers a management‑free, passive investment.
- Corporate‑signed Walgreens lease (NASDAQ: WBA) with over 11 years remaining.
- Strategically located at a major signalized intersection with high traffic volume (25,000 vehicles per day).
- Drive‑thru equipped.
- Located in a dense retail corridor near Highland Village shopping center.
- Strong demographics with a 5‑mile trade area supporting over 99,000 residents.
Overview
Walgreens NNN Lease Investment Opportunity
This is an opportunity to acquire a fee simple interest in a corporate-signed Walgreens investment property in Jackson, Mississippi. The property is under an absolute NNN lease, with over 11 years remaining and 10 (5-year) options to extend. The lease is corporate-backed and requires zero landlord responsibilities. Founded in 1901, Walgreens operates nearly 9,000 stores. The property is located near the intersection of Meadowbrook Road and U.S. Highway 51, which sees approximately 25,000 vehicles daily. The building includes a drive-thru. The property benefits from visibility and access via street frontage, multiple points of ingress/egress, and a pylon sign. The investment is located near Highland Village, a shopping center that attracts over 2.4 million visitors annually. Nearby tenants include Whole Foods Market, Lululemon, Omega, and Vineyard Vines, as well as Kroger, Office Depot, Petco, and Starbucks. The surrounding area has a population of over 99,000 residents and 142,000 daytime employees within a 5-mile radius, with an average household income of $62,712. The property size is 14,550 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Walgreens Pharmacy
Pharmacy
Coinhub Bitcoin ATM ...
Atm
FedEx OnSite
Postal Service
Western Union
Bank
Similar Places Nearby
- CVS — 305 Meadowbrook Rd, Jackson, MS 39206
- Walgreens Pharmacy — 310 Meadowbrook Rd, Jackson, MS 39206
- City Center Drugs — 1200 Eastover Dr #175, Jackson, MS 39211
- CVS Pharmacy — 305 Meadowbrook Rd, Jackson, MS 39206
- Joann Giraud — Meadowbrook Shopping Center, 305 Meadowbrook Rd, Jackson, MS 39206
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.1742361
- Latitude
- 32.3507632
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - NNN leased Walgreens with over 11 years remaining in Jackson.
Where is this drug store located?
The property is located at 310 Meadowbrook Rd Jackson, MS.
What is the asking price?
The asking price for this property is $5,857,000.
What are key features of this property?
This property features: Absolute NNN lease offers a management‑free, passive investment.; Corporate‑signed Walgreens lease (NASDAQ: WBA) with over 11 years remaining.; Strategically located at a major signalized intersection with high traffic volume (25,000 vehicles per day).
