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Dollar General 1212 Augusta Rd 9,100 SF Retail Building Ellisville, MS 39437 $2,070,354 ($227.51/SF) 7.05% Cap Rate
Investment Highlights
- 2026 build to suit construction for Dollar General, built to the company’s current prototype standards
- 5% rental increases every five (5) years throughout the base term and renewal options
- Corporately guaranteed by Dollar General Corporation
- ±15 years remaining on an initial 15-year Absolute NNN lease
- Strategically located along Augusta Road, a primary commercial corridor serving Ellisville and surrounding communities
- Zero landlord responsibilities, providing passive, long-term income
Executive Summary
Broker of Record
Phillip Carpenter
License # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211
(866) 889-0550
Phillip Carpenter
License # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2026
Price
$2,070,354
Price Per SF
$227.51
Cap Rate
7.05%
NOI
$145,956
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.97 AC
Zoning
Commercial - Commercial
Frontage
267’ on Augusta Road
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 077L-10-01-031.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $12,035 |
Property Taxes
Parcel Number
077L-10-01-031.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$12,035
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Dollar General | 1212 Augusta Rd
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