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11060 Highway 16 E
Philadelphia, MS 39350
Dollar General Market · Retail Property For Sale
Investment Highlights
- Excellent frontage along HWY 16
- Dollar General has ±19,500 locations and plans to continue their expansion for the foreseeable future
- Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
- Northeast of Jackson- the capital of MS
- Dollar General boasts an investment-grade credit rating of BBB (S&P)
Executive Summary
Brand new 2024 build-to-suit construction for Dollar General Market. 15 Years Absolute NNN Lease – Zero Landlord Responsibilities. Attractive 5% increases every 5 years for the life of the lease. Dollar General Market stores are DG’s grocery store concept and confirm that they are projecting a large sale volume. Corporately guaranteed lease from Dollar General Corporation.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,687 SF
Building Class
B
Year Built
2024
Price
$2,251,606
Price Per SF
$177.47
Cap Rate
7.10%
NOI
$159,864
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
4.65 AC
Zoning
C - Commercial
Property Taxes
| Parcel Number | 06200-34-026.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,120 |
Property Taxes
Parcel Number
06200-34-026.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,120
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