Brand New Dollar General | Preston, 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 Preston, MS, scheduled to be delivered in May of 2018. The subject property has a 15-year, NNN lease commencing on June 1, 2018. Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.

Click HERE for Offering Memorandum

  • Offering Price:  $1,157,748
  • Cap Rate:  6.90%
  • Annual Rent/NOI:  $79,884.60
  • Building Size:  ~9,100 sq. ft.*
  • Lot Size:  ~1.15 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  5650 Highway 21 N, Preston, MS.  The Brokers have an ownership interest in the Subject Property located at 5650 Highway 21 N, Preston, MS, and other business with the Manager of the ownership entity

General Info

Category: For Sale

Type: Retail

Price: $1,157,748 | 6.90% Cap

Address: 5650 Highway 21 N, Preston, MS 39354

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