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839 E Main Ave 8,303 SF Retail Building Lumberton, MS 39455 $490,000 ($59.01/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- Low Price Point Dollar General in Lumberton, MS
- 22+ Years of Operating History With Multiple Lease Extensions Demonstrating Tenant Commitment to the Location
- Easy Access From Interstate 59, Capturing Regional Traffic and Visibility
- NN Lease With 1+ Year Remaining on Current Term
- High-Visibility 1.2-Acre Property on E Main Ave With 3,000+ Vehicles Passing Daily
- Limited Local Retail Competition, Store Located on the Main Thoroughfare in Lumberton
EXECUTIVE SUMMARY
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Lumberton, MS. This property offers a low entry price in Lumberton, MS, backed by a NN lease with over a year remaining and 22+ years of operating history that reflects strong tenant commitment through multiple lease extensions.
In cooperation with Brian Brockman at Bang Realty of Mississippi Inc | MS #21542 | bor@bangrealty.com | (513) 898-1551
In cooperation with Brian Brockman at Bang Realty of Mississippi Inc | MS #21542 | bor@bangrealty.com | (513) 898-1551
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,303 SF
Building Class
C
Year Built
2002
Price
$490,000
Price Per SF
$59.01
Cap Rate
9%
NOI
$44,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.20 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
14 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
141’ on East Main Avenue
PROPERTY TAXES
| Parcel Number | 029-32-015.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $54,804 |
PROPERTY TAXES
Parcel Number
029-32-015.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$54,804
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839 E Main Ave
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