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Dollar General 17825 E Main St 9,026 SF Retail Building Louisville, MS 39339 $1,053,787 ($116.75/SF) 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Extremely strong corporately guaranteed lease.
  • Store ranks in the top 25% of Dollar Generals Nationwide.
  • Five, 5-year options, all of which include 10% rent increases.

EXECUTIVE SUMMARY

Strong Performance – Store ranks in the top 25% of Dollar Generals Nationwide (PLACER.AI)
Five, 5-year options, all of which include 10% rent increases
Average household income of $91,893 within 1-mile of the subject property, considered to be ideal for Dollar General
Located directly off of Highway 14 and across from Winston Medical Center
Extremely strong corporately guaranteed lease
Dollar General boasts an investment grade credit rating of BBB (S&P)
Dollar General has ±20,000 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
Dollar General has a market cap of ±$30 billion

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2020
Price
$1,053,787
Price Per SF
$116.75
Cap Rate
7.50%
NOI
$79,034
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
30 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
318’ on East Main Street

AMENITIES

  • Signage
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
151272603-0101700
Land Assessment
$224
Improvements Assessment
$0
Total Assessment
$224
  • Listing ID: 33476728

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 17825 E Main St, Louisville, MS 39339

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