Fred’s Super Dollar Pharmacy -Woodville, MS

Property Description

Freds Offering Memorandum- Woodville, MS Final Web

New 12 year initial lease term commenced December 1, 2012 with three 5 year options, each with 5% rental increase. NN lease with tenant responsible for utilities, interior maintenance, reimbursing for property tax and insurance. Tenant pays landlord a CAM fee. Landlord is responsible for grounds maintenance, exterior of demised premises, roof, and HVAC repairs over $3,750 per year. Annual rent during initial term is $167,501.40.

Woodville is the county seat of Wilkinson County, located in the southwest corner of Mississippi approximately 125 miles southwest of Jackson and one hour from Baton Rouge, LA. The site is strategically located just off of the main intersection of town at Highway 61 & Highway 24. The pharmacy is the only one in town.

General Info

Category: Recent/Closed Projects

Type:

Price: $1,959,081

Address: 211 Highway 61, Woodville, Mississippi 39669

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