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Dollar General NNN Retail Property
New
For Sale
$1,507,022

1301 Highway 13 N, Columbia, MS 39429

Build-to-suit retail facility leased under an absolute NNN structure with 11.75 years remaining on the original term.

Property Size10,542 SF
Days on Market7

Property Features for 1301 Highway 13 N

General Information

Standard status Active
Size 10,542 SF
Property subtype Commercial
Lease Term ±11.75

Building Details

Building Size 10,542 SF
Year Built 2022
Tenancy Single
Listing Agency: Matthews Real Estate Investment Services | Dallas
Listed By: Josh Bishop · License #688810 (TX)
Source: Matthews
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 7 at 12:40AM

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.

Completed in 2022, this build-to-suit retail property at 1301 Highway 13 N in Columbia, Mississippi, was developed for Dollar General. The asset is subject to a 15-year absolute NNN lease with approximately 11.75 years remaining, placing property-level operating responsibilities with the tenant under the stated lease structure. Dollar General Corporation provides the lease guaranty, and the company carries a BBB credit rating from S&P.

The property serves a five-mile population exceeding 10,659 residents and represents a relocated Dollar General store from an earlier site. The surrounding retail environment includes Walmart Supercenter, Tractor Supply, Walgreens, KFC, UPS, Taco Bell, NAPA, and Sonic, providing a concentration of recognizable national and regional commercial operators along the Highway 13 corridor.

Key Highlights

  • 2022 build‑to‑suit construction developed specifically for Dollar General
  • 15‑year absolute NNN lease with 11.75 years remaining
  • Lease guaranteed by Dollar General Corporation

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Regions Bank Shops & Services
4,036 visits/mo 0.5 miles
Dollar General Shops & Services
634 visits/mo 0.2 miles
Trp of Columbia LLC Shops & Services
521 visits/mo 0.1 miles

Demographics for 39429, MS

16,073
Population
7,459
Households
2.2
Avg Household Size
41
Median Age
13%
College-Educated
85%
High-School Grad
298.7 sq mi
ZIP Area
54
Density / Sq Mi
$42,953
Median Household Income
$32,047
Median Earnings
$585
Median Rent
$133,700
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 - Build-to-suit retail facility leased under an absolute NNN structure with 11.75 years remaining on the original term.
Where is this nnn property located?
The property is located at 1301 Highway 13 N Columbia, MS.
What is the asking price?
The asking price for this property is $1,507,022.
What are key features of this property?
This property features: 2022 build‑to‑suit construction developed specifically for Dollar General; 15‑year absolute NNN lease with 11.75 years remaining; Lease guaranteed by Dollar General Corporation
More about this property
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