Brand New Dollar General | Michigan City, MS | 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 Michigan City, MS, with a Commencement Date of May 16, 2018. The subject property has a 15-year, NNN lease. Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.

Click HERE for Offering Memorandum

  • Offering Price:  $1,300,784
  • Cap Rate:  6.90%
  • Annual Rent/NOI:  $89,754.12
  • Building Size:  ~9,026 sq. ft.*
  • Lot Size:  ~1.59 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  4771 Highway 7, Michigan City, MS.  The Brokers have an ownership interest in the Subject Property located at 4771 Highway 7, Michigan City, MS, and other business with the Manager of the ownership entity

General Info

Category: For Sale

Type: Retail

Price: $1,300,784

Address: 4771 Highway 7, Michigan City, MS 38647

Bookmark the permalink.