SRS Real Estate Brokers $6M Sale of Net-Leased Retail Residential Or Commercial Property in Mississippi

Order Reprints … October 12, 2020

SRS Realty Allies’ National Web Lease Group has actually organized the $6.3 million sale of a net-leased retail property inhabited by Walgreens in Jackson, MISS.

. Located at 310 Meadowbrook Roadway, the building was integrated in 2015 as well as is located on virtually 2 acres. The 14,550-square-foot residential property is outright three-way internet leased to Walgreens Corp. and also has 15 years remaining on its lease term. The property is bordered by a variety of nationwide merchants including Burger King, Buck Tree as well as Household Dollar.

Matthew Mousavi, Patrick Luther and also Parker Walter of SRS stood for the buyer, a Northeast-based family office who paid all-cash and also was in a 1031 exchange. The undisclosed seller was represented by Mark Ruble of Marcus & & Millichap

. Link With SRS’ Mousavi

Link With Marcus & & Millichap’s Ruble

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