Brand New Dollar General | Bruce (Paris), MS | 6.85% Cap Rate

Property Description

Marketing Package

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free standing Dollar General located in Bruce (Paris), MS. The subject property is currently under construction and will have a 15-year, absolute NNN lease. Dollar General is an investment grade tenant with a Standard & Poor’ s BBB credit rating.

The property is located along Highway 9 between Oxford (Ole Miss), MS & Bruce, MS. Located in the rolling hills of North Mississippi, Lafayette County is home to Ole Miss and many other charming sites such as Oxford, Taylor, and Abbeville, Faulkner’ s Rowan Oak and miles upon miles of scenic landscape.

  • Offering Price:  $1,149,707
  • Cap Rate:  6.85%
  • Current NOI:  $78,755
  • Building Size:  9,100 sq. ft.*
  • Lot Size:  1.30 acres*
  • Located on Highway 9 between Oxford, MS (Ole Miss) and Bruce, MS.
  • 15 year lease
  • Rent Commencement Date:  April 2, 2017

*Landlord Provided Data
**
Owner-Agency Disclosure:  An owner/agency relationship exists with the Principal Broker and with Associate Brokers (“the Brokers”) of Randall Commercial Group, LLC and the owner of Subject Property located at  727 Highway 9, Bruce, MS 38949.  The Brokers have an ownership interest in the Subject Property located at 727 Highway 9, Bruce, MS 38949 and other business with the Manager of the ownership entity.

 

General Info

Category: For Sale

Type: Investment, Retail

Price: $1,149,707

Address: 727 Highway 9, Bruce, MS 38949

Listing Page: Click to View Loopnet Listing Page

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