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Drug Store

Walgreens - Early 10-Yr Renewal

2026 US-72, Corinth, MS 38834

Listing Price: $3,083,000

Cap Rate
7.75%
Tenant Name
Walgreens
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
14,560
Lease Type
Absolute Net
Rent Per Square Feet
$16.41

Investment Overview

This high-performing Walgreens offers a strong investment opportunity with an absolute triple-net (NNN) lease and a corporate guarantee. The lease has 10 years remaining, with 10 additional 5-year renewal options. Walgreens has been a tenant since 2004, demonstrating a strong commitment to this site. It is a top-ranked location within a 15-mile radius based on visit volume, and is situated at a signalized hard-corner intersection with over 33,000 vehicles per day, offering excellent visibility. The property is surrounded by top-ranked national retailers, including Walmart Supercenter and Lowe’s Home Improvement, both ranked as the top locations within a 15-mile radius. Other notable national retailers in the area include Hobby Lobby, ALDI, and Marshalls, ensuring consistent foot traffic.

Investment Highlights

  • Early 10-year renewal - Absolute triple-net (NNN) lease with a corporate guarantee.
  • Long operating history | Walgreens has been operating at this location since 2004 showing commitment to the site.
  • Top-ranked Walgreens location by visits within a 15-mile radius (per Placer.ai)
  • Located at the signalized hard-corner intersection of Highway 72 and South Harper Road with over 33,000 VPD (vehicles per day). Oversized 2.10 acre lot
  • Positioned directly across the street from Walmart Supercenter which has 2.5 million annual visitors1.

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Financing By

Drug Store

Walgreens - Early 10-Yr Renewal

Listing Price: $3,083,000

Cap Rate
7.75%
Tenant Name
Walgreens
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
14,560
Lease Type
Absolute Net
Rent Per Square Feet
$16.41

Investment Highlights

  • Early 10-year renewal - Absolute triple-net (NNN) lease with a corporate guarantee.
  • Long operating history | Walgreens has been operating at this location since 2004 showing commitment to the site.
  • Top-ranked Walgreens location by visits within a 15-mile radius (per Placer.ai)
  • Located at the signalized hard-corner intersection of Highway 72 and South Harper Road with over 33,000 VPD (vehicles per day). Oversized 2.10 acre lot
  • Positioned directly across the street from Walmart Supercenter which has 2.5 million annual visitors1.

Investment Overview

This high-performing Walgreens offers a strong investment opportunity with an absolute triple-net (NNN) lease and a corporate guarantee. The lease has 10 years remaining, with 10 additional 5-year renewal options. Walgreens has been a tenant since 2004, demonstrating a strong commitment to this site. It is a top-ranked location within a 15-mile radius based on visit volume, and is situated at a signalized hard-corner intersection with over 33,000 vehicles per day, offering excellent visibility. The property is surrounded by top-ranked national retailers, including Walmart Supercenter and Lowe’s Home Improvement, both ranked as the top locations within a 15-mile radius. Other notable national retailers in the area include Hobby Lobby, ALDI, and Marshalls, ensuring consistent foot traffic.

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

Financing By

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