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13858951

3445 Terry Rd, Jackson, MS 39212

Newcastle Properties
Listed by Newcastle Properties
$1,200,000
918 days on market
Updated 62 days ago

Walgreens

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 13,905
Net Rentable (SqFt) 13,905
Units 1
Cap Rate 18.9%
NOI $226,860
Tenancy Vacant
Brand/Tenant Walgreens
Lease Type NNN
Lease Expiration 01/31/2027
Remaining Term 0.7
Rent Bumps No
Price per SqFt $108
Year Built 1998
Buildings 1
Stories 1
Acreage 1.910
Investment Type Value Add
Tenant Credit Corporate Guarantee
Sale Condition For sale by owner

Retail | 18.90% CAP | 13,905 SqFt

Marketing description

Dark Walgreens in Jackson MS for sale. Great redevelopment opportunity with this 13,905sf building on 1.91 acres.

Listing Contacts

Newcastle Properties
Listed by Newcastle Properties

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$226,860.00
$18,905.00/mo

Valuation Metrics

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DSCR
18.91%
Cap Rate
18.91%
ROI

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