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Walgreens (Dollar Tree Sublease) 14Yr Abs NNN 2433 25th Ave 13,975 SF Retail Building Gulfport, MS 39501 $4,483,000 ($320.79/SF) 7.25% Cap Rate
Investment Highlights
- 14 Years Remaining | Corporate Signed | Subleased to Dollar Tree
- Located Along 25th Avenue | Centralized Location | Dense Retail Trade Area | Major Nearby Economic Drivers
- Absolute NNN | Strong and Well-Performing Store
- Demographics in 5-Mile Trade Area
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,975 SF
Building Class
B
Year Built
2013
Price
$4,483,000
Price Per SF
$320.79
Cap Rate
7.25%
NOI
$325,018
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.20 AC
Zoning
Hybrid Zone
Parking
54 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
200’ on 25th Ave
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 0811C-05-025.002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $184,459 |
Property Taxes
Parcel Number
0811C-05-025.002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$184,459
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Walgreens (Dollar Tree Sublease) 14Yr Abs NNN | 2433 25th Ave
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