Family Dollar Net Lease 4135 Highway 44 10,500 SF 100% Leased Retail Building Summit, MS 39666 $1,281,000 ($122/SF)

The Kase Group is pleased to offer the opportunity to acquire a newly leased Family Dollar property located at 4135 Mississippi 44 in Summit, Mississippi. This 10,500 square foot, single-tenant retail property is leased on a 10-year net lease (NN), offering minimal landlord obligations. The lease is backed by a corporate guarantee from Family Dollar.
Strategically situated on Highway 44, the property benefits from excellent visibility and easy access to surrounding areas, enhancing its appeal to both consumers and investors. Summit, Mississippi is an established retail hub, and the Family Dollar store contributes to the growing demand for convenient, affordable retail options. The lease includes five 5-year renewal options, with $0.50/SF rent increases in each renewal period.
The surrounding commercial environment features essential retailers such as the adjacent Piggly Wiggly and 4 Way Quick Stop. Traffic is further driven by major regional anchors, including Southwest Mississippi Community College and the 160-bed Southwest Mississippi Regional Medical Center, which draw significant daytime visitors. The property serves a tight-knit community within the broader Pike County trade area of approximately 40,000 residents, benefiting from a stable consumer base anchored by the local industrial and healthcare sectors.