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CVS Pharmacy 6040 Goodman Rd

11,945 SF Retail Building Walls, MS 38680 $3,679,090 ($308/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
$3,679,090
Price Per SF
$308
Cap Rate
8.80%
NOI
$323,760
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.46 AC
Zoning
C-1
1 of 1
6040 Goodman Rd, Walls, MS - aerial map view

PROPERTY TAXES

Parcel Number 1097250200000100 Improvements Assessment $147,578
Land Assessment $35,719 Total Assessment $183,297

PROPERTY TAXES

Parcel Number
1097250200000100
Land Assessment
$35,719
Improvements Assessment
$147,578
Total Assessment
$183,297
(332) 345-4222

Contacts

  • Listing ID: 34190243

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: 6040 Goodman Rd, Walls, MS 38680

More public record information on 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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