12400 Hwy 16 W Philadelphia, MS 39350

Listing office Matthews Real Estate Investment Services | Dallas j***@matthews.com Show Phone

Listing date Apr 29, 2026

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Investment Insights

Based on property information with market context.

This property features a Dollar General built-to-suit construction completed in 2022. The building is a larger prototype with approximately 10,566 square feet. The lease includes five, 5-year options, each with a 10% rent increase. The property is located approximately 80 miles northeast of Jackson, MS. The surrounding area includes national tenants such as Wendy’s, Sonic, Advance Auto Parts, Pizza Hut, Shell, Walmart Supercenter, and Regions Bank. The location benefits from a 10-mile population exceeding 20,000 residents. The lease is corporate guaranteed by Dollar General Corporation, which holds a BBB rating by S&P, indicating an investment-grade status. Dollar General is a national retailer with over 21,000 locations and an active growth strategy. As a designated essential business, Dollar General has demonstrated operational resilience and profitability during and beyond the COVID-19 period.

Key Highlights

• Corporate Guaranteed lease from Dollar General Corporation (BBB S&P)
• 2022 build‑to‑suit construction for Dollar General Corporation
• Larger ±10,566 square foot prototype

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FAQs

What type of property is this?

Grocery and convenience store - New Dollar General with corporate lease in Philadelphia, Mississippi.

Where is this grocery and convenience store located?

The property is located at 12400 Hwy 16 W Philadelphia, MS.

What is the asking price?

The asking price for this property is $1,491,471.

What are key features of this property?

This property features: Corporate Guaranteed lease from Dollar General Corporation (BBB S&P); 2022 build‑to‑suit construction for Dollar General Corporation; Larger ±10,566 square foot prototype