Warning: preg_match_all(): Compilation failed: invalid range in character class at offset 7 in /home/randallc/public_html/wp-content/themes/mightysites/includes/lessc.inc.php on line 1116

Warning: Use of undefined constant gallery_categories - assumed 'gallery_categories' (this will throw an Error in a future version of PHP) in /home/randallc/public_html/wp-content/plugins/ms-gallery/gallery-img-type.php on line 20

Warning: Use of undefined constant staff_categories - assumed 'staff_categories' (this will throw an Error in a future version of PHP) in /home/randallc/public_html/wp-content/themes/mightysites/functions.php on line 1094
Brand-New, Brick Dollar General | Fulton, MS | 6.75% Cap Rate |

Brand-New, Brick Dollar General | Fulton, MS | 6.75% Cap Rate

Property Description

CLOSED

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in Fulton, MS. The subject property has a 15-year, NNN lease with the building being delivered to Dollar General in September 2019. Fulton is located in the northeastern part of Mississippi and borders the Tennessee-Tombigbee Waterway.  Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.

Click HERE for Offering Memorandum

  • Offering Price:  $1,400,018 | 6.75% Cap Rate
  • Net Operating Income:  $94,501.20
  • Building Size: ±9,100 sq. ft.*
  • Lot Size: ±1.10 acres*
  • Lease Type:  15-year, NNN Lease
  • Estimated Delivery Date:  September 2019
  • Brick on 3-sides
  • Five (5), Five (5) year renewal options with 10% increases
  • Fulton boarders the Tennessee-Tombigbee Waterway
  • Fulton is home to Itawamba Community College – #1 in Mississippi
  • Fulton is part of the Tupelo Micropolitan Statistical Area

For more information about this property, please contact Elizabeth J. Randall, CCIM or Brian P. Phillips, CCIM.

Important Disclosure: An owner/agency relationship exists with an Associate Brokers of Randall Commercial Group, LLC and the owner of Subject Property located at 1133 East Main St., Fulton, MS. The Associate Broker has an ownership interest in the Subject Property located at 1133 East Main St., Fulton, MS, and other business with the Manager of the ownership entity.

*Source:  Lease & Site Plans

General Info

Category: Recent/Closed Projects

Type:

Price: $1,400,108 | 6.75% Cap Rate

Address: 1133 East Main Street, Fulton, MS 38843

Bookmark the permalink.