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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 neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

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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