Walgreens Vicksburg MS - 1 (1)

COMING SOON!

High-Performing Walgreens | $9.87M in Reported Store Sales

2310 Clay Street
Vicksburg, MS 39183

PROPERTY DETAIL
Tenant: Walgreens
NOI: $160,736.90
Rent-to-Sales Ratio: 1.63%
Building Area: ±11,060 SF
Land Area: ±2.11 Acres

  • STRONG STORE SALES – $9,871,109 in recently reported annual sales, demonstrating strong historical store performance.
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  • EXCEPTIONALLY LOW 1.63% RENT-TO-SALES RATIO – Current annual rent of just $160,737.
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  • BRAND-NEW ROOF (2024) – New TPO roofing system, accompanied by a 20-year transferable warranty, substantially reducing landlord capital expenditure exposure.
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  • RENT INCREASES IN EACH RENEWAL OPTION – A rare feature for Walgreens leases! Contractual rental growth throughout each of the six, 5-year renewal options.
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  • LARGE ±2.11-ACRE SIGNALIZED HARD CORNER – Excellent visibility, multiple points of ingress/egress, ample parking, and an ±11,060 SF building with a drive-thru.
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  • LONG OPERATING HISTORY & TENANT INVESTMENT – Operating as a drugstore since 1998. Walgreens reportedly invested approximately $300,000 converting the form
    er Rite Aid into its Walgreens format, demonstrating historical commitment to the location.
michael-profile
Meet

Michael Fideler

Net Lease Specialist

Contact Details:

(818) 730-1195
michael.fideler@jtunlg.com
CA 02206757