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2259 Highway 49 7,434 SF Retail Building Sunflower, MS 38778 $877,600 ($118.05/SF) 7.75% Cap Rate
Investment Highlights
- Absolute NNN with over 4 years remaining
- Remodeled in 2023
- Located approximately 35 miles from Greenville, Mississippi with an estimated population of 27,644 as of 2023
- 2016 construction on a ±1.27 acre lot
- The main spot for groceries in town
- Dollar General Corporation has been delivering value to shoppers since 1939
Executive Summary
Retail Investment Group is pleased to offer for sale this Dollar General in Sunflower, Mississippi.
Opportunity features an Absolute NNN lease with over 4 years remaining and a Corporate Guarantee.
This ±7,434-square-foot building sits on a ±1.27-acre lot was built in 2016 and was remodeled in 2023.
BRIAN BROCKMAN – BROKER
Bang Realty of Mississippi, Inc
Lic: 21542
513.898.1551
bor@bangrealty.com
Opportunity features an Absolute NNN lease with over 4 years remaining and a Corporate Guarantee.
This ±7,434-square-foot building sits on a ±1.27-acre lot was built in 2016 and was remodeled in 2023.
BRIAN BROCKMAN – BROKER
Bang Realty of Mississippi, Inc
Lic: 21542
513.898.1551
bor@bangrealty.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
7,434 SF
Year Built/Renovated
2016/2023
Price
$877,600
Price Per SF
$118.05
Cap Rate
7.75%
NOI
$68,014
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.27 AC
Opportunity Zone
Yes
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 033G-05-00-006.01 | Improvements Assessment | $70,635 |
| Land Assessment | $469 | Total Assessment | $71,104 |
Property Taxes
Parcel Number
033G-05-00-006.01
Land Assessment
$469
Improvements Assessment
$70,635
Total Assessment
$71,104
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2259 Highway 49
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