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Absolute Net Lease Walgreens

303 Devereaux Dr.
Natchez
MS
39120

Property Type:

Availability:

Withdrawn

Building Size (SF):

14,822 SF

Land Size (AC):

1.76

Sales Price ($):

$5,512,000

Cap Rate (%):

5.40%

Description:

Single tenant net leased investment opportunity available for purchase. This Walgreens is situated at a signalized intersection along a heavily trafficked corridor. Walgreens is currently occupying the 14,820 square foot building, subject to a corporately backed lease with approximately nine (9) years of firm term remaining. The property was developed in 2006 and sits on a prime 1.76-acre parcel. The Subject Property is positioned directly at the merger of Devereaux Drive and Highway 61. Surrounding retailers along Devereaux Drive include Enterprise Rent-A-Car, Regions Bank, Popeyes, Natchez Chevrolet GMC, Great River Honda, AutoZone, O’Reilly Auto Parts, and more!

Contact:

Justin Langlois, CCIM

jlanglois@stirlingprop.com

225-329-0287

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Marketing Package

8550 United Plaza Blvd., Suite 101, Baton Rouge, LA 70809 | (225) 445-6434

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