Walgreens NNN Lease Investment
For Sale
Contact for pricing
310 Meadowbrook Rd, Jackson, MS 39206
NNN leased Walgreens with over 11 years remaining in Jackson.
Property Size14,550 SF
Price / SF$402.54
Days on Market884
Property Features for 310 Meadowbrook Rd
General Information
Standard status
Active
Size
14,550 SF
Property subtype
Retail
Building Details
Year Built
2015
Listing Agency:
SRS Real Estate Partners Newport Beach
(205) 259-2195
Listed By:
Parker Walter · License #CA 02005574
Source:
Crexi
Added: Mar 6, 2024
Changed: Jul 6
Last Checked: Aug 7 at 2:39AM
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
Investment Insights
Based on property information with market context.
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.
Key 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).
Property Analytics
Property Profile
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
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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 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).
