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11279 Highway 49
Gulfport, MS 39503

Walgreens · Retail Property For Sale

Investment Highlights

  • Excellent visibility and access from signalized corner intersection | US-49 & Dedeaux Rd | 76,000 VPD combined
  • Recent lease extension | New 15-year lease signed in 2023 | Showing tenant commitment to the site
  • Corporate lease | Walgreen Co | 8,700+ locations across the US | Investment grade credit | Baa3/BBB
  • Absolute Net Lease | Zero landlord responsibilities
  • Rare 5% increases every 5 years
  • Long operating history with tenured consumer base | Previously a Rite Aid location | This location has been a successful nationally branded pharmacy

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
11,121 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.10 AC
Zoning
C - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0808L-03-030.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$144,698
  • Listing ID: 30272852

  • Date on Market: 12/4/2023

  • Last Updated:

  • Address: 11279 Highway 49, Gulfport, MS 39503

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