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CVS Pharmacy 6040 Goodman Rd

11,945 SF Retail Building Walls, MS 38680 $5,231,666 CAD ($438 CAD/SF) 8.80% Cap Rate

Drug Stores Mississippi Walls 6040 Goodman Rd, Walls, MS 38680

Investment Highlights

  • Long-Term NN Investment with Options This long-term triple-net investment features approximately 9 years remaining on the lease
  • Corporate Guaranteed Asset The lease is guaranteed by CVS Caremark Corporation (NYSE: CVS), which holds a BBB credit rating from S&P.
  • Drive-thru Present The property encompasses a sizable approximately 1.46-acre lot, featuring a convenient drive-thru

Executive Summary

NNN Pro is pleased to present the exclusive listing for a CVS Pharmacy located at 6040 Goodman Road, Walls, MS 38680. The site consists of roughly 11,945 rentable square feet of building space on an estimated 1.46-acre parcel of land. This CVS Pharmacy is subject to a 25 Years-year Triple Net (NNN) lease, which commenced 9/5/2008. The current annual rent is $323,760 and has scheduled increases of 5% increases in option 1 & 2, fmv thereafter.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,945 SF
Building Class
B
Year Built
2008
Price
$5,231,666 CAD
Price Per SF
$438 CAD
Cap Rate
8.80%
NOI
$460,387 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.46 AC
Zoning
C-1
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6040 Goodman Rd, Walls, MS - aerial map view

PROPERTY TAXES

Parcel Number 1097250200000100 Improvements Assessment $209,856 CAD
Land Assessment $50,792 CAD Total Assessment $260,648 CAD

PROPERTY TAXES

Parcel Number
1097250200000100
Land Assessment
$50,792 CAD
Improvements Assessment
$209,856 CAD
Total Assessment
$260,648 CAD
(332) 345-4222

Contacts

  • Listing ID: 34190243

  • Date on Market: 2024-12-13

  • Last Updated:

  • Address: 6040 Goodman Rd, Walls, MS 38680

The Retail Property at 6040 Goodman Rd, Walls, MS 38680 is currently available for sale. Contact NNN Pro Group for more information.

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6040 Goodman Rd, Walls, MS for sale Building Photo- Image 1 of 3
6040 Goodman Road, Walls, MS - Main
6040 Goodman Rd, Walls, MS for sale Aerial- Image 2 of 3
6040 Goodman Road, Walls, MS - ariel

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The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

CVS Pharmacy | 6040 Goodman Rd
(332) 345-4222 x

CVS Pharmacy | 6040 Goodman Rd

1/3

Glen Kunofsky

(332) 345-4222

(332) 345-4222

James Ventura

(212) 832-4500

(212) 832-4500

Cade Kearn

(714) 336-4737

(714) 336-4737

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