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1301 MS-13 Hwy 10,542 SF 100% Leased Retail Building Columbia, MS 39429 $1,507,022 ($142.95/SF) 7.45% Cap Rate
Investment Highlights
- 2022 Build-to-Suit Construction: Brand-new 2022 build-to-suit construction specifically for Dollar General, featuring extremely high-quality upgraded
- Strong Population Support: 5-mile population in excess of 10,659 residents, providing a solid customer base for consistent demand.
- Corporate-Guaranteed Lease: Lease is corporately guaranteed by Dollar General Corporation, ensuring reliable, investment-grade-backed income.
- Long-Term Lease Term: ±11.75 years remaining on a 15-year Absolute NNN lease – zero landlord responsibilities, delivering truly passive ownership.
- Relocation Store Advantage: Relocation from a previously existing Dollar General site, confirming a proven location with an established customer base
- Prime Retail Synergy: Surrounded by strong national tenants including KFC, Walmart Supercenter, Tractor Supply, Walgreens, UPS, Taco Bell, NAPA, Sonic
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,542 SF
Year Built
2022
Price
$1,507,022
Price Per SF
$142.95
Cap Rate
7.45%
NOI
$112,273
Percent Leased
100%
Building Height
1 Story
Building FAR
0.28
Lot Size
0.86 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 163-32-000-02-009 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $37,412 |
Property Taxes
Parcel Number
163-32-000-02-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$37,412
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1301 MS-13 Hwy
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