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Family Dollar 3140 W Northside Dr 9,180 SF Retail Building Jackson, MS 39213 $1,400,000 ($152.51/SF) 6.79% Cap Rate

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Investment Highlights

  • Excellent strategic location
  • Excellent year over year performance
  • Relatively new store, built in 2020
  • 10 year Initial lease term with 6, 5 year options with bumps!

Executive Summary

Conveniently located in an easily accessible part of Jackson MS, close to
interstate 220, immediately adjacent to the largest single family home
cluster in the city, this 9,180 SF Family Dollar Location was built in 2020, and
as of 2025 is halfway through an initial lease term of 10 years, with 6
additional remaining options of 5 years each, with increases averaging
4.33% each year.
The in-store convenience, price advantage, and strategically chosen, more
convenient location of Family Dollar stores make them uniquely strong
assets in the retail sector, especially in today’s environment of rising costs
for everyday consumer goods. They consistently fill a void that is often
created by the increased popularity of big box stores that have a much
longer in/out time, ask higher prices for equivalent goods, and mean more
travel time for consumers. Shoppers from all income brackets have
historically taken full advantage of the lower prices and convenience offered
by this particular retail model for household necessities, non-perishables,
cleaning supplies, and much more.
Family Dollar currently maintains over 7,500 locations throughout the
country, and has recently redoubled its focus on its most productive and
successful locations, strategically opening and closing stores as
demographics evolve and stores age out of service, to be replaced by new
locations. This location is part of a long-term commitment by Family Dollar
Corporate to Jackson, MS market, and is well-positioned to provide any
retail investor with stable cash flow for years to come.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $95,100 $10.36

Financial Summary (Actual - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $95,100
Annual Per SF $10.36

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
A
Year Built
2020
Price
$1,400,000
Price Per SF
$152.51
Cap Rate
6.79%
NOI
$95,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.99 AC
Zoning
C-3
Parking
23 Spaces (2.51 Spaces per 1,000 SF Leased)
Frontage
314’ on W Northside Dr

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -

Property Taxes

Property Taxes

Parcel Number
0731-0009-000
Land Assessment
$1,143 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,143 (2025)
  • Listing ID: 38397098

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 3140 W Northside Dr, Jackson, MS 39213

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