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Drug Store

CVS Pharmacy | 10+ Year Lease | True NNN

3657 Market St, Pascagoula, MS 39567

Listing Price: $5,855,616

Cap Rate
6.25%
Tenant Name
CVS
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
12,074
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.31

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located in Pascagoula, MS. The property consists of roughly 12,047 rentable square feet of building space on an estimated 1.48-acre parcel of land. CVS Pharmacy benefits from its location on Market St. as the site sees over 15,800 vehicles each day. Highway 90 also runs close to the subject property, bringing in an additional 38,500 vehicles per day. The site is located between the two major cities of New Orleans and Mobile bringing in additional traffic to the area.

Investment Highlights

  • Absolute triple-net (NNN) lease with over 10 years of term remaining
  • Signalized, hard corner intersection | excellent visibility along both cross-streets
  • Phenomenal traffic counts | over 15,800 vehicles per day along market street and over 38,500 vehicles per day along the adjacent highway 90

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Drug Store

CVS Pharmacy | 10+ Year Lease | True NNN

Listing Price: $5,855,616

Cap Rate
6.25%
Tenant Name
CVS
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
12,074
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.31

Investment Highlights

  • Absolute triple-net (NNN) lease with over 10 years of term remaining
  • Signalized, hard corner intersection | excellent visibility along both cross-streets
  • Phenomenal traffic counts | over 15,800 vehicles per day along market street and over 38,500 vehicles per day along the adjacent highway 90

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located in Pascagoula, MS. The property consists of roughly 12,047 rentable square feet of building space on an estimated 1.48-acre parcel of land. CVS Pharmacy benefits from its location on Market St. as the site sees over 15,800 vehicles each day. Highway 90 also runs close to the subject property, bringing in an additional 38,500 vehicles per day. The site is located between the two major cities of New Orleans and Mobile bringing in additional traffic to the area.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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