7363 Goodman Rd Olive Branch, MS 38654
This exceptional 13,225-square-foot retail building, formerly a CVS, presents a unique investment opportunity in Olive Branch, Mississippi. Located on a 1.7-acre outparcel at the signalized intersection of Goodman Road and Crumpler Boulevard, this Class A property boasts a prime location within Olive Branch's thriving retail district. Built in 2009, the single-story building features 61 parking spaces and a convenient drive-thru/pick-up window. The interior offers a mostly open floor plan, ideal for a variety of retail uses, along with a former pharmacy area, freezers, coolers, two handicap-accessible restrooms, an office, a breakroom, rear receiving doors, and ample storage. The property benefits from high visibility and proximity to major retailers such as Kroger, Aldi, Walmart, and numerous restaurants. The existing lease expires October 31, 2034, offering long-term potential. Zoned commercial, this property is situated just west of Highway 78, ensuring excellent access and high traffic counts. Annual property taxes are $2.16 per square foot. This is a rare opportunity to acquire a well-maintained, strategically located retail space in a rapidly growing market. The property's size, amenities, and location make it an attractive option for a variety of retail businesses seeking a prominent presence in Olive Branch.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.