Retail Business for Sale in Corinth, MS

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Corinth, MS 38834

Description

This high-performing Walgreens offers a strong investment opportunity with an absolute triple-net (NNN) lease and a corporate guarantee. The lease has 10 years remaining, with 10 additional 5-year renewal options. Walgreens has been a tenant since 2004, demonstrating a strong commitment to this site. It is a top-ranked location within a 15-mile radius based on visit volume, and is situated at a signalized hard-corner intersection with over 33,000 vehicles per day, offering excellent visibility. The property is surrounded by top-ranked national retailers, including Walmart Supercenter and Lowe’s Home Improvement, both ranked as the top locations within a 15-mile radius. Other notable national retailers in the area include Hobby Lobby, ALDI, and Marshalls, ensuring consistent foot traffic. Investment Highlights: • Early 10-year renewal - Absolute triple-net (NNN) lease with a corporate guarantee. • Long operating history | Walgreens has been operating at this location since 2004 showing commitment to the site. • Top-ranked Walgreens location by visits within a 15-mile radius (per Placer.ai) • Located at the signalized hard-corner intersection of Highway 72 and South Harper Road with over 33,000 VPD (vehicles per day). Oversized 2.10 acre lot • Positioned directly across the street from Walmart Supercenter which has 2.5 million annual visitors1.

Market Context

This retail in Corinth, MS is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Corinth, MS — <a href="/search/sale/retail/mississippi/corinth">view the full market</a>.

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