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805 US-278
Amory, MS 38821

$3,150,000 USD

Drugstore For Sale  •  13,558 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,558 SF
  • Lot Size 1.15 AC
  • Building Class C
  • Year Built 1995
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning Comm
60 Walk Score

Highlights

Successful operating history spanning multiple decades
Long-term lease through February 2039
Absolute NNN lease – no landlord responsibilities
5% rental escalations every five years (next in 2029)
Located at a signalized intersection along US Highway 278 (14,000 VPD)
Proximity to North Mississippi Medical Center, the only hospital within 12 miles

Property Flyers

Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 2/28/2039

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 68
Type: Surface
Included in Rent: Yes
Jimmy Goodman 847-562-8500 The Boulder Group
Jimmy Goodman 847-562-8500 The Boulder Group