Brand New Dollar General | Columbus, MS | 6.75% Cap Rate

Property Description

CLOSED

  • Building Size: ±9,100 sq. ft.*
  • Lot Size: ±1.77 acres*
  • Lease Type:  15-year, NNN Lease**
  • Lease Commencement Date:  February 13, 2019
  • Five (5), Five (5) year renewal options with 10% increases
  • ±5 miles from Mississippi University for Women
  • ±22 miles from Mississippi State University

*Source:  Lease & Site Plans

**Currently there is a temporary septic tank on the property that is not reimbursable by Dollar General.  The Property is scheduled to start receiving water & sewer services from the local water association in late 2019/early 2020.

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: $1,496,272 | 6.75% Cap Rate

Address: 181 South Frontage Road, Columbus, MS 39701

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