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7864 Arkabulta Rd
Coldwater, MS 38618
Retail Property For Sale
PROPERTY FACTS
ABOUT 7864 ARKABULTA RD , COLDWATER, MS 38618
INVESTMENT OFFERING Fortis Net Lease is pleased to present this 7,500 SF Dollar General store located in Coldwater, MS. The property is encumbered with a fifteen (15) year absolute NNN lease, leaving zero landlord responsibilities. The lease contains 5 (5) year options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. This Dollar General is highly visible as it is strategically positioned in Coldwater, MS. The five mile population from the site exceeds 2,900 while the five mile average household income exceeds $63,000 per year, making this location ideal for a Dollar General. The subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store.
PROPERTY TAXES
| Parcel Number | 057-26-0001900 | Improvements Assessment | $58,856 |
| Land Assessment | $14,175 | Total Assessment | $73,031 |
PROPERTY TAXES
