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5100 Highway 61 S Vicksburg, MS 39180

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For Lease
$1,262,250

Freestanding Family Dollar in Vicksburg, MS with corporate guarantee.

Building Details

Year built
2020

Source: Andy Bender Agent Andy Bender

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Freestanding Family Dollar Store

This is a 9,180 square foot freestanding Family Dollar store in Vicksburg, Mississippi, constructed in 2020. The property is positioned on the corner of Belva Drive and Highway 61, offering accessibility from both streets and high visibility with 16,000 cars per day on Highway 61. The surrounding area has a ten-mile population of 31,835 and a three-mile average household income of $71,691. The store operates under a Double Net (NN) Lease, which leaves minimal landlord responsibilities, and is corporately guaranteed by Dollar Tree Stores, Inc., holding a credit rating of "BBB-". The lease includes 6 options to renew, each for 5 years, with a 5% rental rate increase at each option. The store has been open and operating since March 2020, with approximately 4 years and 9 months remaining on the lease. The property features a concrete parking lot and is located next to Warrenton Elementary School. This Family Dollar is located on a main thoroughfare and is intended for retail use.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Restaurant Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Auto Parts Store Department Store Bar & Pub Discount Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Vicksburg
County
Warren
State
Mississippi
Longitude
-90.921849
Latitude
32.248685

FAQs

What type of property is this?
Grocery and convenience store - Freestanding Family Dollar in Vicksburg, MS with corporate guarantee.
Where is this grocery and convenience store located?
The property is located at 5100 Highway 61 S Vicksburg, MS.
What are key features of this property?
This property features: - Corporate guarantee by Dollar Tree Stores, Inc. with an investment-grade credit rating of 'BBB-'.; - Double Net (NN) Lease structure provides minimal landlord responsibilities.; - Located on the corner of Belva Drive and Highway 61, with high visibility and accessibility seeing 16,000 cars per day.
More about this property
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