Brand New Dollar General | Walnut, 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 Walnut, MS.  The subject property is currently under construction and will have a 15-year, absolute NNN lease with an estimated delivery date of Jun 2017.  The property is located along Highway 72 West between the City of Walnut and Corinth, MS. Dollar General is an investment grade tenant with a Standard & Poor’s “BBB” credit rating.

  • Offering Price:  $1,119,109
  • Cap Rate:  6.85%
  • Current NOI:  $76,659
  • Rent per Sq. Ft.:  $10.24/SF
  • Building Size:  7,489 Sq. Ft.*
  • Lot Size:  2.14 acres*
  • Absolute NNN Single Tenant Investment Opportunity
  • 15-year lease, commencing earlier of (i) 60 days after delivery date or (ii) the date on which Dollar General opens for business.
  • Estimate Delivery Date:  June 2017

*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 331 Highway 72 West, Walnut, MS 38683.  The Brokers have an ownership interest in the Subject Property located at 331 Highway 72 West, Walnut, MS 38683 and other business with the Manager of the ownership entity

General Info

Category: For Sale

Type: Investment, Retail

Price: $1,119,109

Address: 331 Highway 72 West, Walnut, MS 38683

Listing Page: Click to View Loopnet Listing Page

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