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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

348 Us-90 Waveland, MS 39576

87,239 SF 15.97 ac lot
Property ID
Property summary
AI-generated overview

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)

Property profile
Verified
Property type Retail properties & Spaces
Total area 87,239 SF
Lot 15.97 ac (695,653 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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