Dollar General NNN Investment
1258 Road 931 Tupelo, MS
For Sale
Contact for pricing
2017 build-to-suit Dollar General with zero landlord responsibilities.
Property Size9,026 SF
Lot Size0.89 Acres
Price / SF$127.91
Days on Market342
Property Features for 1258 Road 931
General Information
Standard status
Active
Size
9,026 SF
Lot size
0.89 Acres
Property subtype
RETAIL
Listing Agency:
Matthews Real Estate Investment Services | Phoenix
(310) 750-7845
Listed By:
Wyatt Wagner
(310) 750-7845
Source:
Moodyscre
Added: Aug 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:55AM
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 | Phoenix
Investment Insights
Based on property information with market context.
This property features a 2017 build-to-suit construction for Dollar General. The lease is an absolute NNN lease, meaning zero landlord responsibilities. The lease is corporately guaranteed by Dollar General Corporation. The surrounding area includes national tenants such as Chevron, The Home Depot, Lowes, Kroger, and Walmart Supercenter. The 5-mile population exceeds 18,673 residents, with an average household income of $71,188.
Key Highlights
- Absolute NNN lease – Zero landlord responsibilities
- Corporately guaranteed lease from Dollar General Corporation
- 2017 build‑to‑suit construction for Dollar General
Financial Insights For Specialty 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 | $135.4k | $15.00 |
| − Vacancy | −$10.6k | −$1.17 |
| EGI | $124.8k | $13.83 |
| − OpEx | −$31.2k | −$3.46 |
| NOI | $93.6k | $10.37 |
9,026 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,622 @ 7.0% cap · market cap 8.11%
Second Best
Retail
$1.07M
$936.6K – $1.25M
NOI $74,924 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$1.70M
$1.48M – $1.98M
NOI $118,658 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Food Mart — Mississippi 38804
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - 2017 build-to-suit Dollar General with zero landlord responsibilities.
Where is this grocery and convenience store located?
The property is located at 1258 Road 931 Tupelo, MS.
What is the asking price?
The asking price for this property is $1,154,538.
What are key features of this property?
This property features: Absolute NNN lease – Zero landlord responsibilities; Corporately guaranteed lease from Dollar General Corporation; 2017 build‑to‑suit construction for Dollar General
