Building Details

Year Built 2007

Buildings 1

Tenancy Single

Listing Agency: InCommercial Inc

Listed By: Sam Derse · License #475127324

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 1:51PM

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Investment Insights

Based on property information with market context.

This built-to-suit Dollar General convenience store was completed in 2007 and contains 9,014 square feet. The property is configured for a single branded retail occupant and includes a lease structure extending through August 2022, followed by five additional five-year options.

Located at 133 Taska Road in Red Banks, Mississippi, the asset carries a 7.75% cap rate. The tenant is responsible for property taxes, insurance, and parking lot maintenance, providing a clearly defined operating responsibility framework for the property owner.

Key Highlights

• 9,014‑square‑foot Dollar General store completed as a built‑to‑suit project in 2007
• Lease extends through August 2022, with five additional 5‑year option periods
• 7.75% cap rate

Property Analytics

Current Use

Dollar General Discount Store Redbox Cinema Western Union Bank

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store HVAC Service Restaurant Cafe & Coffee Shop

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

18

Businesses Nearby

6k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

5,726 visits/mo 0.3 miles

Demographics for 38661, MS

1,854

Population

862

Households

2.2

Avg Household Size

43

Median Age

13%

College-Educated

83%

High-School Grad

30.2 sq mi

ZIP Area

61

Density / Sq Mi

$62,143

Median Household Income

$27,061

Median Earnings

$210,300

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?

Grocery and convenience store - Built-to-suit retail property with an extended lease structure and tenant responsibility for taxes, insurance, and parking lot maintenance.

Where is this grocery and convenience store located?

The property is located at 133 Taska Road Red Banks, MS.

What are key features of this property?

This property features: 9,014‑square‑foot Dollar General store completed as a built‑to‑suit project in 2007; Lease extends through August 2022, with five additional 5‑year option periods; 7.75% cap rate