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
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
| Parcel Number | 0808L-03-030.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $144,698 |
