2310 Clay St - Freestanding FOR SALE


Vicksburg, MS 39183
$2,075,000 USD
601-586-3220
2310 Clay St, Vicksburg, MS for Sale
$2,075,000 USD
Freestanding - FOR SALE
1/7
null | 7.75% Cap Rate

2310 Clay St
Vicksburg, MS 39183


HIGHLIGHTS

  • National Credit Tenant
  • Six (5) Year Extension Options Remain
  • Minimal Landlord Responsibilities (Roof & Structure)
  • New Roof (Installed CY 2024)
  • Passive Investment (Tenant Pays CAM's, Taxes and Insurance)

OVERVIEW

Pinpoint Commercial is proud to present 2310 Clay St available for sale. This net lease investment opportunity is located in Vicksburg, MS on the corner of the heavily trafficked Clay St and Mission 66. Since 1998, this corner has been home to a successful drug store operation. The property is strategically located near national retailers such as Dollar General, O'rielly Auto Parts, and McDonald's as well as St Aloysius High School, Vicksburg Junior High School and Warren Central Junior High School. This unique opportunity offers a national credit tenant with six (5 year) option periods to extend offered at a 7.75% going-in-cap rate. For more information, please contact Pinpoint Commercial Real Estate at 601.586.3220.

FOR SALE DETAILS

PRICE

$2,075,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

B-2

APN/PARCEL ID

0943-20-0200-03-0205-00

ASK ABOUT THIS PROPERTY

Sam CoxPinpoint Commercial Real Estate, LLCMore Info
601-586-3220

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Sam CoxPinpoint Commercial Real Estate, LLCMore Info
601-586-3220

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