Dollar General Storefront
For Sale
Contact for pricing
1038 Highway 7 South, Abbeville, MS 38601
Portfolio includes seven new-prototype Dollar General storefronts built in 2008 under double-net leases.
Property Size70,460 SF
Days on Market123
Property Features for 1038 Highway 7 South
General Information
Standard status
Active
Size
70,460 SF
Property subtype
Retail
Building Details
Year Built
2008
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #MI 6501323470
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 12:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a for-sale portfolio of seven Dollar General storefront locations. The properties were built in 2008 using new prototype designs, and two locations are DG Plus format stores. The leases are double net with 15-year initial terms and include 3% rent escalation occurring in 2023.
The offering is located in smaller markets across Mississippi and Arkansas. The listing includes one address: 1038 Highway 7 South, Abbeville, MS 38601.
Under the lease structure, the landlord is responsible for capital replacements to the roof, structure, and parking lot. Dollar General reimburses the landlord each month for projected common area expenses, as well as real estate taxes and property insurance.
The offering is located in smaller markets across Mississippi and Arkansas. The listing includes one address: 1038 Highway 7 South, Abbeville, MS 38601.
Under the lease structure, the landlord is responsible for capital replacements to the roof, structure, and parking lot. Dollar General reimburses the landlord each month for projected common area expenses, as well as real estate taxes and property insurance.
Key Highlights
- Portfolio of seven Dollar General locations with total annual NOI of $605,882
- Total 70,460 SF offering priced at $110 per SF
- All stores built in 2008 using new‑prototype designs; two locations are DG Plus 12,480 SF format
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Dining 25%
Dollar General
Shops & Services
4,899 visits/mo
0.1 miles
Krispy Krunchy Chicken
Dining
1,671 visits/mo
0.2 miles
Demographics for 38601, MS
2,312
Population
1,154
Households
2
Avg Household Size
43
Median Age
20%
College-Educated
94%
High-School Grad
87.8 sq mi
ZIP Area
26
Density / Sq Mi
$50,568
Median Household Income
$24,878
Median Earnings
$750
Median Rent
$219,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Portfolio includes seven new-prototype Dollar General storefronts built in 2008 under double-net leases.
Where is this grocery and convenience store located?
The property is located at 1038 Highway 7 South Abbeville, MS.
What are key features of this property?
This property features: Portfolio of seven Dollar General locations with total annual NOI of $605,882; Total 70,460 SF offering priced at $110 per SF; All stores built in 2008 using new‑prototype designs; two locations are DG Plus 12,480 SF format
