CVS

1209 Sunset Dr, Grenada, MS
Deal Type:
Net Lease
Price:
$5,437,465
Cap Rate:
5.25%
Current Rent:
$285,467
Lease Type:
Triple Net
Landlord Responsibilities:
None
Renewal Options:
Ten, Five-year options
Building Sq. Ft.:
12,125 SF
Site Size:
1.5 Acres

Investment Highlights

  • Absolute NNN with no landlord obligations – providing passive investment opportunity
  • CVS just signed a new 15- year lease showing their long term commitment to this location
  • Corporately Guaranteed by CVS, the Largest Pharmacy Chain in the U.S. | S&P “BBB+”
  • Strategic Hard Corner Location with daily traffic of more than 28,000 vehicles per day (combined at intersection)
  • Grenada is the County Seat of Grenada county and serves as the primary trade area for the region
  • Nearby National Retailers include: Walmart, McDonald’s, Applebee’s, Zaxby’s, AutoZone, Dollar Tree, Dollar General, Burger King, Advance Auto Parts, Captain D’s, Hibbett Sports

Listing Agents

Adam English

Managing Director
256 694 9803
Adam@stream-cp.com

Adam Baxter

Vice President
205 394 3520
Abaxter@stream-cp.com

Jordan Williams

Associate
205 209 5671
Jwilliams@stream-cp.com

In Association with ParaSell, Inc. | A Licensed Mississippi Broker #23345

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