Brand New Dollar General | Meridian, 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 Meridian, MS, scheduled to be delivered in February 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 Offering Memorandum

  • Offering Price:  $1,313,044
  • Cap Rate:  6.85%
  • Annual Rent/NOI:  $89,943.48
  • Building Size:  9,002 sq. ft.*
  • Lot Size:  1.469 acres*
  • Lease Type:  NNN

*Owner 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  89 Mitchum Bottom Rd, Meridian, MS.  The Brokers have an ownership interest in the Subject Property located at 89 Mitchum Bottom Rd., Meridian, MS, and other business with the Manager of the ownership entity.

General Info

Price: $1,313,044

Address: 89 Mitchum Bottom Road, Meridian, MS 39301

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