Property History
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Marketing Description
Equity retail brokers is pleased to present to qualified investors the opportunity to purchase a property with an investment grade tenant, situated at a signalized intersection along a highly trafficked roadway. Walgreens is currently occupying an absolute nnn, corporately-backed lease with 9 years remaining in the term. The offering features a freestanding +14,000 sf building on a 1.76 ac lot with drive-thru lanes. The subject property is positioned directly at the merger of deveraux drive and highway 61. Surrounding retailers along deveraux drive include enterprise rent-a-car, regions bank, popeyes, natchez chevrolet gmc, great river honda, autozone, o’reilly auto parts, and more!
Investment Highlights
- Absolute nnn lease structure with zero landlord responsibilities
- Corporately-backed lease
- Strong visibility at a signalized intersection
- Investment grade credit tenant (s&p: bbb)
- Ten (10), 5-year options to extend
- Traffic counts:
- Blues highway — 26,285 adt
- Deveraux drive — 11,150 adt
- Lynda lee drive — 12,064 adt
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Zoning
B-4 CommercialSpecial CommercialHighway Business District
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View all 155 uses
View all 155 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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