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Dollar General NNN Retail Store
For Sale
Contact for pricing
Pending

4284 Sharon Road, Laurel, MS 39443

Dollar General store on a 15-year absolute NNN lease with no landlord responsibilities.

Property Size9,026 SF
Days on Market122

Property Features for 4284 Sharon Road

General Information

Standard status Pending
Size 9,026 SF
Property subtype Retail
Occupancy 100%

Additional Details

Cap Rate 6%

Building Details

Year Built 2015
Tenancy Single
Listing Agency: Fortis Net Lease
Listed By: Patrick Hammond · License #MI 6501373051
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 10 at 11:59AM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

Fortis Net Lease presents a Dollar General retail property built in 2015 with a lease commenced in May 2015. The offering is a 9,026 SF store with an absolute 15-year NNN lease, leaving zero landlord responsibilities. The lease is corporately guaranteed by Dollar General Corporation, which is classified as Investment Grade with a “BBB” credit rating. There are five (5) renewal options, each for five (5) years, with a 10% rental rate increase at each option.

The property is positioned just north of town on Sharon Road in Laurel, Mississippi, serving the surrounding five-mile trade area with a population of 12,220 and average household income of $64,179 per year.

Key Highlights

  • Brand new 9,026 SF Dollar General store in Laurel, MS, built in 2015
  • 15‑year absolute NNN lease with zero landlord responsibilities
  • Lease commenced May 2015 and includes five (5) renewal options with 10% rental increases

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick HVAC Service Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Grocery & Convenience Store Daycare Center

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

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,030 visits/mo 0.1 miles

Demographics for 39443, MS

22,938
Population
10,036
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
89%
High-School Grad
292.1 sq mi
ZIP Area
79
Density / Sq Mi
$59,070
Median Household Income
$36,344
Median Earnings
$742
Median Rent
$142,200
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?
NNN property - Dollar General store on a 15-year absolute NNN lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 4284 Sharon Road Laurel, MS.
What are key features of this property?
This property features: Brand new 9,026 SF Dollar General store in Laurel, MS, built in 2015; 15‑year absolute NNN lease with zero landlord responsibilities; Lease commenced May 2015 and includes five (5) renewal options with 10% rental increases
More about this property
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