Brand-New, Dollar General | Nettleton, 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 Nettleton, MS.  The subject property has a 15-year, NNN with an estimated delivery date of February 2020.  The property is located on Highway 371 between Amory, MS and Nettleton, MS. Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.

Click HERE for Offering Memorandum

  • Offering Price:  $1,290,138 | 6.85% Cap Rate
  • Net Operating Income:  $88,374.48
  • Building Size: ±9,100 sq. ft.*
  • Lot Size: ±1.43 acres*
  • Lease Type:  15-year, NNN Lease**
  • Estimated Delivery Date:  February 2020
  • Five (5), Five (5) year renewal options with 10% increases
  • Property just ±15-miles south of I-22

For more information about this property, please contact Elizabeth J. Randall, CCIM or Brian P. Phillips, CCIM.

Important Disclosure: An owner/agency relationship exists with an Associate Brokers of Randall Commercial Group, LLC and the owner of Subject Property located at 30421 Highway 371, Nettleton, MS.  The Associate Broker has an ownership interest in the Subject Property located at 30421 Highway 371, Nettleton, MS and other business with the Manager of the ownership entity.

*Source:  Lease & Site Plans

General Info

Category: For Sale

Type: Investment, Retail

Price: $1,290,138 | 6.85% Cap Rate

Address: 30421 Highway 371, Nettleton, MS 38858

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