1258 Road 931, Tupelo, MS
2017 build-to-suit Dollar General with zero landlord responsibilities.
- Added:
- Aug 21, 2025
- Days on Market:
- 296
- Last Refresh:
- May 20 at 9:41 pm
Property Features for 1258 Road 931
General Information
- Standard status
- Active
- Size
- 9,026 SF
- Lot size
- 0.89 Acres
- Property subtype
- RETAIL
Listing agent Wyatt Wagner (310) 750-7845
Listing office Matthews Real Estate Investment Services | Phoenix (310) 750-7845
Listing date Aug 21, 2025
Source Moodyscre
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
HighLights
- Absolute NNN lease – Zero landlord responsibilities
- Corporately guaranteed lease from Dollar General Corporation
- 2017 build‑to‑suit construction for Dollar General
- Average household income of $71,188, a sweet spot for Dollar General
- 5 mile population in excess of 18,673 residents
- Nearby national tenants include Chevron, The Home Depot, Lowes, Kroger, Walmart Supercenter and many more
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tupelo
- County
- Lee
- State
- Mississippi
- Longitude
- -88.628
- Latitude
- 34.2933
