135 Highway 15 N
Pontotoc, MS 38863
CVS | New 20 Year Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Backed Long Term Lease – CVS will execute a new 20 year lease underscoring their long term commitment to the site
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $268 billion in 2020
- Positioned Along Area’s Main Business Corridor – National retailers in the immediate area include McDonald’s, True Value, Save-A-Lot and More
- Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Hard Corner Location with Drive-Thru – Ideally located at the intersection of the City’s main traffic arteries (29,500 vpd)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,225 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.81 AC
Zoning
Commercial
AMENITIES
- 24 Hour Access
- Freeway Visibility
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 181D-31-01-017 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $146,726 |
