Brand-New, Brick Dollar General | Saltillo (Tupelo), MS | 6.25% Cap Rate

Property Description

CLOSED

  • Building Size: ±9,026 sq. ft.*
  • Lot Size: ±1.40 acres*
  • Lease Type:  15-year, NNN Lease**
  • Rent Commencement Date:  1/13/2020
  • Five (5), Five (5) year renewal options with 10% increases
  • ±32,000 VPD on I-22 (±0.2 mile from site)
  • The property sits on the border of Tupelo, a 5-time All American City winner
  • Tupelo has the largest non-metropolitan hospital in the US
  • Tupelo is the birthplace of Elvis Presley

*Source:  Lease & Site Plans

IMPORTANT:  The price listed herein is the offering (listing) price, not the final sale price.  The final sale price is confidential.

General Info

Category: Recent/Closed Projects

Type: Investment, Retail

Price: $1,784,778 | 6.25% Cap Rate

Address: 2375 N. Veterans Memorial Blvd., Saltillo (Tupelo), MS 38866

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