5025 Highway 305 N | Olive Branch, MS 38654
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- LoopNet Team
5025 Highway 305 N
Olive Branch, MS 38654
CVS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Directly Across from The Cascades: $300 million mixed used project which is currently under development
- Approximately 20 Miles Southeast of Memphis, TN: Over 30,500 residents within a 3-mile radius and over 59,600 within a 5-mile radius
- Absolute NNN Lease Structure: Zero landlord responsibilities for operating or capital expenses
- Immediately South of ProLogis Park Desoto: 3.4 million square foot master-planned distribution park
- Corporate Backed Long-Term Lease: CVS signed a 25-year lease with approximately 12 years remaining on the initial lease term
- BBB Credit Rating by Standard & Poor’s: Tenant is publicly traded on the NYSE and reported annual revenues in excess of $322 billion in 2022
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,312 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.71 AC
Zoning
C-4
Parking
70 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 2062040600000100 | Improvements Assessment | $103,098 |
| Land Assessment | $111,731 | Total Assessment | $214,829 |
PROPERTY TAXES
Parcel Number
2062040600000100
Land Assessment
$111,731
Improvements Assessment
$103,098
Total Assessment
$214,829
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