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Family Dollar | 4.5yrs Remain Corp NN 2019a Raymond Rd 9,241 SF Retail Building Jackson, MS 39204 $998,000 ($108.00/SF) 8% Cap Rate
Investment Highlights
- Approx. 4.5 Years Remaining | Recent Lease Extension | Scheduled Rental Increases
- Positioned Along Signalized Intersection | Surrounded by National Retailers
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities | Value-Add Opportunity
- Strong Demographics In 5-Mile Trade Area
Executive Summary
2019A Raymond Road offers the opportunity to acquire a single-tenant retail investment occupied by Family Dollar in Jackson, Mississippi. The property is leased under a corporate-backed NN lease structure and benefits from scheduled rental increases that provide built-in income growth potential over time. Recent lease activity and extension options provide additional visibility into future occupancy, supporting the asset’s long-term investment profile.
Located along Raymond Road at a signalized intersection, the property serves a well-established trade area within South Jackson. The site benefits from frontage along a major commercial corridor that connects surrounding residential neighborhoods with retail, service, and employment destinations throughout the city. Jackson serves as Mississippi’s capital and largest metropolitan area, functioning as a regional center for government, healthcare, education, and commerce. The property's location provides access to major transportation routes, including Interstate 20 and Interstate 55, which support connectivity throughout the Jackson metropolitan area.
Located along Raymond Road at a signalized intersection, the property serves a well-established trade area within South Jackson. The site benefits from frontage along a major commercial corridor that connects surrounding residential neighborhoods with retail, service, and employment destinations throughout the city. Jackson serves as Mississippi’s capital and largest metropolitan area, functioning as a regional center for government, healthcare, education, and commerce. The property's location provides access to major transportation routes, including Interstate 20 and Interstate 55, which support connectivity throughout the Jackson metropolitan area.
Property Facts
Sale Type
Investment
Property Type
Building Size
9,241 SF
Building Class
C
Year Built
2003
Price
$998,000
Price Per SF
$108.00
Cap Rate
8%
NOI
$79,833
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.12 AC
Opportunity Zone
Yes
Zoning
C-2 - Limited Commercial
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0836-0131-002 | Improvements Assessment | $69,198 |
| Land Assessment | $16,466 | Total Assessment | $85,664 |
Property Taxes
Parcel Number
0836-0131-002
Land Assessment
$16,466
Improvements Assessment
$69,198
Total Assessment
$85,664
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