Brand New Dollar General | Myrtle, MS | 6.85% Cap Rate

Property Description

Marketing Package

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free standing Dollar General located in Myrtle, MS.  The subject property is currently under construction and will have a 15-year, absolute NNN lease.  The property is located along Highway 30 between Oxford, MS & New Albany, MS.  Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.

  • Offering Price:             $1,088,069
  • Cap Rate:                     6.85%
  • Current NOI:                $74,533
  • Rent per Sq. Ft.:          $8.26/SF
  • Building Size:               9,026 Sq. Ft.*
  • Lot Size:                      0.98 acres*
  • 15-year lease.
  • Rent Commencement Date:  February 26, 2017
  • 1546 Highway 30 West, Myrtle, MS 38650

*Landlord Provided Data

**Owner-Agency Disclosure: An owner/agency relationship exists with the Principal Broker and with Associate Brokers (“the Brokers”) of Randall Commer-cial Group, LLC and the owner of Subject Property located at 1546 Highway 30 West, Myrtle, MS 38650. The Brokers have an ownership interest in the Sub-ject Property located at 1546 Highway 30 West, Myrtle, MS 38650, and other business with the Manager of the ownership entity.

General Info

Category: For Sale

Type: Investment, Retail

Price: $1,088,069

Address: 1546 Highway 30 West, Myrtle, MS 38650

Listing Page: Click to View Loopnet Listing Page

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