2026 Highway 72 E - Drug Store FOR SALE


Corinth, MS 38834
$3,083,000 USD
630-570-2260
2026 Highway 72 E, Corinth, MS for Sale
$3,083,000 USD
Drug Store - FOR SALE
1/11
null | 7.75% Cap Rate

2026 Highway 72 E
Corinth, MS 38834


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).
  • Positioned directly across the street from Walmart Supercenter which has 2.5 million annual visitors.

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.

FOR SALE DETAILS

PRICE

$3,083,000 USD

PRICE/SF

$212 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | Corinth, MS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

-

APN/PARCEL ID

0904-18-2D-00100

ASK ABOUT THIS PROPERTY

Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2260

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Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.