Brand New Dollar General | Morton, MS | 7.00% Cap Rate

Property Description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free standing Dollar General located in Morton, MS, scheduled to be delivered in January of 2018.  The subject property has a 15-year, NNN lease with a lease commencement date of January 17th, 2018. Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.

Click HERE for Offering Memorandum

  • Offering Price:  $1,114,138
  • Cap Rate:  7.00%
  • Annual Rent/NOI:  $77,989.68
  • Building Size:  7,489 sq. ft.*
  • Lot Size:  1.18 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  6787 Highway 481 N, Morton, MS.  The Brokers have an ownership interest in the Subject Property located at 6787 Highway 481 N, Morton, MS, and other business with the Manager of the ownership entity.

 

General Info

Category: For Sale

Type: Investment, Retail

Price: $1,114,138

Address: 6787 Highway 481 N, Morton, MS 39117

Listing Page: Click to View Loopnet Listing Page

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