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600 E Monticello St 8,320 SF Retail Building Brookhaven, MS 39601 $897,000 ($107.81/SF) 8.24% Cap Rate
Executive Summary
NAI UCR Properties is pleased to offer for sale a single-tenant, net-leased Family Dollar
located at 600 E Monticello Street, Brookhaven, MS 39601. Delivered in 2014 as a buildto-suit, this 8,320-square-foot freestanding property has been exceptionally maintained
and features minimal landlord responsibilities. Underscoring their long-term commitment
to the site, Family Dollar recently exercised a lease extension, ensuring stable, passive
income secured by a nationally recognized tenant. With built-in rent increase potential
through future lease renewals, this asset represents a strong addition to any retailfocused investment portfolio seeking reliable cash flow and long-term upside.
located at 600 E Monticello Street, Brookhaven, MS 39601. Delivered in 2014 as a buildto-suit, this 8,320-square-foot freestanding property has been exceptionally maintained
and features minimal landlord responsibilities. Underscoring their long-term commitment
to the site, Family Dollar recently exercised a lease extension, ensuring stable, passive
income secured by a nationally recognized tenant. With built-in rent increase potential
through future lease renewals, this asset represents a strong addition to any retailfocused investment portfolio seeking reliable cash flow and long-term upside.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
8,320 SF
Building Class
C
Year Built
2014
Price
$897,000
Price Per SF
$107.81
Cap Rate
8.24%
NOI
$73,913
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.83 AC
Opportunity Zone
Yes
Zoning
Retail
Frontage
180’ on Monticello St
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 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | B87-18-1-270 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $76,425 |
Property Taxes
Parcel Number
B87-18-1-270
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$76,425
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