5100 Highway 61 S Vicksburg, MS 39180
Freestanding Family Dollar in Vicksburg, MS with corporate guarantee.
Building Details
- Year built
- 2020
Source:
Fortisnetlease
Listing Agent: Corey Bunch
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
Location Insight
- Map
- Local Demand
- City
- Vicksburg
- County
- Warren
- State
- Mississippi
- Longitude
- -90.921849
- Latitude
- 32.248685
Nearby Similar for Lease
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.