Corporate-Leased NNN Retail
For Sale
$1,491,471
12400 Hwy 16 W, Philadelphia, MS 39350
Build-to-suit retail property occupied by a nationally recognized essential-goods retailer under a corporate-guaranteed lease.
Property Size10,566 SF
Price / SF$141.16
Days on Market14
Property Features for 12400 Hwy 16 W
General Information
Standard status
Active
Size
10,566 SF
Property subtype
Commercial
Occupancy
100%
Lease Term
±11 YRS
Net Operating Income
$112,606
Building Details
Building Size
10,566 SF
Year Built
2022
Tenancy
Single
Listing Agency:
Matthews Real Estate Investment Services | Dallas
(214) 692-2289
Listed By:
Josh Bishop · License #688810 (TX)
(214) 692-2289
Source:
Matthews
Added: Aug 8
Changed: Aug 17
Last Checked: Aug 17 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 Matthews Real Estate Investment Services | Dallas
Investment Insights
Based on property information with market context.
Completed in 2022, this build-to-suit retail property contains approximately ±10,566 square feet and is leased to Dollar General Corporation. The asset is structured as an NNN property, with a corporate guarantee from Dollar General Corporation, which is rated BBB by S&P. The tenant operates more than 21,000 locations and is identified as an essential business in the source information.
The property is located at 12400 Hwy 16 W in Philadelphia, Mississippi. The surrounding retail environment includes Wendy’s, Sonic, Advance Auto Parts, Pizza Hut, Shell, Walmart Supercenter, Regions Bank, and Popeyes. The 10-mile population exceeds 20,000 residents, and the site is approximately 80 miles northeast of Jackson, MS.
The lease includes five 5-year options, each providing a 10% rent increase. This offering combines a 2022 construction date, national retail occupancy, and a documented corporate lease structure.
The property is located at 12400 Hwy 16 W in Philadelphia, Mississippi. The surrounding retail environment includes Wendy’s, Sonic, Advance Auto Parts, Pizza Hut, Shell, Walmart Supercenter, Regions Bank, and Popeyes. The 10-mile population exceeds 20,000 residents, and the site is approximately 80 miles northeast of Jackson, MS.
The lease includes five 5-year options, each providing a 10% rent increase. This offering combines a 2022 construction date, national retail occupancy, and a documented corporate lease structure.
Key Highlights
- 2022 build‑to‑suit retail property with ±10,566 square feet
- Leased to Dollar General Corporation under a corporate‑guaranteed NNN lease
- Dollar General Corporation is rated BBB by S&P
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Build-to-suit retail property occupied by a nationally recognized essential-goods retailer under a corporate-guaranteed lease.
Where is this nnn property 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: 2022 build‑to‑suit retail property with ±10,566 square feet; Leased to Dollar General Corporation under a corporate‑guaranteed NNN lease; Dollar General Corporation is rated BBB by S&P
