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    1842 Hwy, Unit 12 Weir, MS

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    For Sale
    $956,000

    NNN leased Dollar General with zero landlord responsibilities.

    Property size:
    9,026 SF
    Lot size:
    1.30 Acres

    Property Features for 1842 Hwy

    General Information

    Size
    9,026 SF
    Lot size
    1.30 Acres

    Source: Matthews Real Estate Investment Services - Orange County Agent Blake Wagenseller

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

    Overview

    Dollar General NNN Investment Opportunity

    This property is an absolute NNN leased investment opportunity with zero landlord responsibilities or expenses, providing 100% passive income. The property is strategically located with prime HWY 12 frontage. The tenant benefits from low rents, resulting in healthier operating margins compared to newer construction. The lease is guaranteed by Dollar General Corporation, a Fortune 500 company with a BBB credit rating (S&P) and a $28 billion market cap. The property is 9026 square feet. There are no other competing retailers or convenience stores in town, and the nearest competing dollar store is located over 5 miles away.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Weir
    County
    Choctaw
    State
    Mississippi
    Longitude
    -89.2909022
    Latitude
    33.2667917

    FAQs

    What type of property is this?
    Storefront property - NNN leased Dollar General with zero landlord responsibilities.
    Where is this storefront property located?
    The property is located at 1842 Hwy, Unit 12 Weir, MS.
    What is the asking price?
    The asking price for this property is $956,000.
    What are key features of this property?
    This property features: - Strong Corporate Guaranty – From Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $28 billion market cap.; - Absolute NNN Lease – There are zero landlord responsibilities or expenses, providing 100% passive income to the landlord.; - Strategic Location – The property is strategically located with prime HWY 12 frontage.
    (858) 449-4864
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    1842 Hwy, Unit 12 Weir, MS
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    Weir, MS
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1842 Hwy, Unit 12 Weir, MS
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