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Dollar General Investment Opportunity
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12400 Hwy 16 W, Philadelphia, MS 39350

New Dollar General with corporate lease in Philadelphia, Mississippi.

Property Size10,566 SF
Price / SF$141.16
Days on Market119

Property Features for 12400 Hwy 16 W

General Information

Standard status Active
Size 10,566 SF
Property subtype RETAIL
Listing Agency: Matthews Real Estate Investment Services | Dallas
Listed By: Josh Bishop · License #688810(TX)
Source: Moodyscre
Added: Apr 29 Changed: Aug 23 Last Checked: Aug 24 at 12:47PM

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 Matthews Real Estate Investment Services | Dallas

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

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Daycare Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Under-served
Demand for This Use

Demographics for 39350, MS

24,480
Population
9,774
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
82%
High-School Grad
413.4 sq mi
ZIP Area
59
Density / Sq Mi
$50,331
Median Household Income
$31,179
Median Earnings
$740
Median Rent
$96,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

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
(315) 730-6228 Call to check price and availability
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