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Dollar General 1258 Road 931 9,026 SF Retail Building Tupelo, MS 38804 $1,154,538 ($127.91/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 2017 build-to-suit construction for Dollar General
- Nearby national tenants include Chevron, The Home Depot, Lowes, Kroger, Walmart Supercenter and many more
- Currently Scheduled for a remodel- proving long term commitment to this location
- Absolute NNN lease – Zero landlord responsibilities
- Corporately guaranteed lease from Dollar General Corporation
- Average household income of $71,188, which is considered to be in the income “sweet spot” for Dollar General
EXECUTIVE SUMMARY
Phillip Carpenter
License # C-11708 (MS)
Matthews
1437 Old Square Road, Suite 104 Jackson, MS 39211
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- -
- Modified Gross
- -
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | - | - | Modified Gross | - |
PROPERTY TAXES
| Parcel Number | 086V-24-034-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $152,379 |
PROPERTY TAXES
CONTACTS
-
Wyatt Wagner -
Scotty Latimer -
Josh Bishop -
Matthews Real Estate Investment Services
Presented by
Dollar General | 1258 Road 931
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