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303 Devereaux Dr
Natchez, MS 39120
Walgreens in Natchez, MS · Retail Property For Sale
Investment Highlights
- Corporate Backed Long-Term Lease – Walgreens signed a 25-year lease in 2006, leaving approximately 9 years remaining on the primary term
- Walgreens (NASDAQ: “WBA”) has a BBB credit rating by Standard & Poor’s with over $139.5 billion in annual revenue and market cap of $41.82 billion
- Located Immediately North of Natchez High School and Wal-Mart Supercenter – Other national retailers in the area include McDonald’s and Burger King
- Absolute NNN Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Positioned at the merger of Highway 61 with Deveraux Drive and Sgt Prentiss Drive – Combined daily traffic counts exceed 39,400 vehicles
- Approximately 2.5 Miles North of Merit Health Natchez – 179-bed acute care hospital serving five nearby Mississippi counties and 2 Louisiana parishes
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,820 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.76 AC
Zoning
B-4
Frontage
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 0035-0001-0008.1X | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $259,143 |
Property Taxes
Parcel Number
0035-0001-0008.1X
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$259,143
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