Brand New Dollar General PLUS | Oxford, MS – Ole Miss | 6.25% Cap Rate
Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free standing Dollar General PLUS located in Oxford, MS (Ole Miss). The subject property is currently under construction, brick construction, and will have a 15-year, absolute NNN lease with an estimated delivery date of June 2017. Dollar General is an investment grade tenant with a Standard & Poor’s BBB credit rating.
The property is located along Highway 30 on the northeast side of Oxford. Oxford is the county seat and the largest city of Lafayette County, Mississippi. Oxford is home to The University of Mississippi, with 20,453 students on the Oxford Campus alone.
- Offering Price: $1,804,045
- Cap Rate: 6.25%
- Current NOI: $112,753
- Building Size: 10,566*
- Lot Size: 2.33 acres*
- Located along Highway 30 on the NE side of Oxford
- 15-year lease, commencing earlier of (i) 60 days after delivery date or (ii) the date on which Dollar General opens for business.
- Estimated Delivery Date: June 2017
- 266 CR 217, Oxford, MS 38655
*Landlord 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 266 CR 217, Oxford, MS 38655. The Brokers have an ownership interest in the Subject Property located at 266 CR 217, Oxford, MS 38655, and other business with the Manager of the ownership entity.
Category: Recent/Closed Projects
Type: Investment, Retail
Address: 266 CR 217, Oxford, MS 38655
Listing Page: Click to View Loopnet Listing Page