Newly Renovated Dollar Tree
914 North State Street Jackson, MS
914 North State Street, Jackson, MS, 00000
Contact for pricing
For Sale
Contact for pricing
NNN Dollar Tree store for sale in Jackson, Mississippi.
Property Size8,606 SF
Lot Size0.66 Acres
Price / SF$137
Days on Market746
Property Features for 914 North State Street
General Information
- Standard status
- Active
- Size
- 8,606 SF
- Lot size
- 0.66 Acres
- Property subtype
- RETAIL
Listing Agency
Trinity Real Estate Investment Services - Corporate
(719) 331-4944
Listed by
Cale Powers
Source
Moodyscre
Added: Jul 4, 2024 Checked: Jul 19 at 5:28 am
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 Trinity Real Estate Investment Services - Corporate
Investment Insights
Based on property information with market context.
The property is a newly renovated Dollar Tree store with rent set to commence in August 2024. It features a NNN lease structure with minimal landlord responsibilities, limited to the roof, structure, and parking lot. The property is strategically situated along S State St, which generates 23,000 vehicles per day passing in front of the property. It is located just outside Downtown Jackson, the capital and most populous city in the U.S. State of Mississippi, and is 3 miles away from Jackson Municipal Airport. The surrounding area has excellent demographics, with over 96,900 residents within a 5-mile radius. The store is corporately guaranteed by Dollar Tree Inc., which operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. The property size is 8,606 square feet.
Key Highlights
- Corporately guaranteed by Dollar Tree Inc., a national retailer with 15,115 stores.
- Newly renovated store with rent commencing August 2024.
- NN Lease with minimal landlord responsibilities (roof, structure, and parking lot).
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.1k | $15.00 |
| − Vacancy | −$7.2k | −$0.84 |
| EGI | $121.9k | $14.16 |
| − OpEx | −$36.6k | −$4.25 |
| NOI | $85.3k | $9.91 |
8,606 SF · lease $15.00/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.22M
$1.07M – $1.42M
NOI $85,303 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,231 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CDReload - Online Bitcoin ...
Crypto Atm
Eckerd Drugs
Pharmacy
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FAQs
What type of property is this?
Storefront property - NNN Dollar Tree store for sale in Jackson, Mississippi.
Where is this storefront property located?
The property is located at 914 North State Street Jackson, MS.
What is the asking price?
The asking price for this property is $1,187,625.
What are key features of this property?
This property features: Corporately guaranteed by Dollar Tree Inc., a national retailer with 15,115 stores.; Newly renovated store with rent commencing August 2024.; NN Lease with minimal landlord responsibilities (roof, structure, and parking lot).
