• Broker Sean Sharko 6305702260
  • Broker Austin Weisenbeck 6305702169
  • Broker Benjamin Shapiro 6305702283

Walgreens | Corinth, MS 2026 Highway 72 E

14,560 SF Retail Building Corinth, MS 38834 $4,418,740 CAD ($303.48 CAD/SF) 7.75% Cap Rate

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

ATTACHMENTS

Walgreens - Corinth Brochure

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,560 SF
Building Class
C
Year Built
2004
Price
$4,418,740 CAD
Price Per SF
$303.48 CAD
Cap Rate
7.75%
NOI
$342,549 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.10 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
85 Spaces (5.84 Spaces per 1,000 SF Leased)
Frontage
825’ on U.S. 72

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
US Hwy 72 S Harper Rd, NW 23,297 2018 0.21 km
South Harper Road Liddon Lake Rd, NE 12,914 2022 0.27 km
South Harper Road S Parkway St, SW 9,617 2020 0.38 km
S Harper Rd S PkwySt, SW 9,314 2022 0.38 km
Hamilton Circle Skylark Dr, SW 189 2022 0.53 km
US Hwy 72 Liddon Lake Rd, SE 21,443 2022 0.66 km
US Hwy 72 Salem Rd, SE 19,959 2022 0.85 km
Frazier Drive S PkwySt, E 248 2022 0.94 km
Frazier Drive S Parkway St, E 251 2020 0.94 km
South Parkway Street Droke Rd, N 3,377 2022 1.01 km

NEARBY MAJOR RETAILERS

Krystal
Cadence Bank
Renasant Bank
McAlister's Deli
Bestway Rent-To-Own
Checkers
1st Heritage Credit

PROPERTY TAXES

Parcel Number 0904-18-2D-00100 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $379,098 CAD

Map of 2026 Highway 72 E Corinth, MS 38834

ADDITIONAL PHOTOS

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