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Brand-New Dollar General | Amory, MS | 6.85% Cap Rate |

Brand-New Dollar General | Amory, MS | 6.85% Cap Rate

Property Description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free standing Dollar General located in Amory, MS. The subject property has a 15-year, NNN lease with the building being delivered to Dollar General in October 2019. Amory, MS is known for its annual “Railroad Festival” as well as its strong manufacturing sector.  Amory is an industrial port on 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:  $1,202,258 | 6.85% Cap Rate
  • Net Operating Income:  $82,354.68
  • Building Size: ±9,026 sq. ft.*
  • Lot Size: ±1.52 acres*
  • Lease Type:  15-year, NNN Lease
  • Estimated Delivery Date:  October 2019
  • Five (5), Five (5) year renewal options with 10% increases
  • Amory is an industrial port on the Tennessee-Tombigbee Waterway
  • Amory has a strong manufacturing sector including United Furniture Industries, Tronox Inc., and True Temper Sports
  • Amory is home host the annual Railroad Festival, a 3-day event with ±40,000 annual visitors

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 52140 Hwy 25 S., Amory, MS. The Associate Broker has an ownership interest in the Subject Property located at 52140 Hwy 25 S., Amory, MS, and other business with the Manager of the ownership entity.

*Source:  Lease & Site Plans

General Info

Price: $1,202,258 | 6.85% Cap Rate

Address: 52140 Highway 25 S., Amory, MS 38821

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