Brand New Dollar General | Byhalia, MS – Memphis MSA | 6.90% Cap Rate

Property Description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free standing Dollar General located in Byhalia, MS – part of the Memphis MSA –  scheduled to be delivered in November of 2018.  The subject property has a 15-year, NNN lease commencing the earlier of (i) the date which is sixty (60) days after the Delivery Date, or (ii) the date on which Tenant shall open the Demised Premises for business. Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.

Click HERE for the Offering Memorandum

  • Offering Price:  $1,216,300
  • Cap Rate:  6.90%
  • Net Operating Income:  $83,926.80
  • Building Size:  9,100 sq. ft.*
  • Lot Size:  1.36 acres*
  • Lease Type:  NNN
  • Part of the Memphis MSA
  • Tenant:  Dolgencorp, LLC d/b/a Dollar General

*Owner provided data – site plan
**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  2945 Highway 309, Byhalia, MS.  The Brokers have an ownership interest in the Subject Property located at 2945 Highway 309, Byhalia, MS, and other business with the Manager of the ownership entity.

General Info

Category: For Sale

Type: Investment, Retail

Price: $1,216,330

Address: 2945 Highway 309, Byhalia, MS 38611

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