348 Us-90 Waveland, MS 39576
This exceptional portfolio comprises four Walgreens properties strategically located across four states: Mississippi, California, Connecticut, and Pennsylvania. The portfolio totals 87,239 square feet and boasts a 100% occupancy rate, generating a strong net operating income (NOI) of $844,975, representing an attractive 8.39% cap rate. Each property operates under an absolute NNN lease, minimizing landlord responsibilities and ensuring consistent cash flow. The asking price is $10,073,000, translating to a price per square foot of $115.46. The portfolio's diverse geographic locations and strong tenant—a national pharmacy chain—offer significant investment stability and potential for long-term growth. Individual property details include: a 15.97-acre lot in Waveland, Mississippi (348 US-90, 39576)
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.