Dollar General Absolute NNN
For Sale
Contact for pricing
Pending
1962 Highway 11 S, Picayune, MS 39466
Corporate-backed retail occupancy with no landlord responsibilities under an absolute NNN lease structure.
Property SizeContact for details
Days on Market42
Property Features for 1962 Highway 11 S
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Year Built
2015
Listing Agency:
NAI Sawyer
Listed By:
Alan Weaver · License #MS S-6402
Source:
Crexi
Added: Jul 21
Changed: Aug 31
Last Checked: Aug 31 at 12:36AM
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 NAI Sawyer
Investment Insights
Based on property information with market context.
This Dollar General property is supported by a 15-year corporate-guaranteed lease structured on an absolute NNN basis, placing landlord responsibilities with the tenant. The building was constructed in 2015 and includes four available five-year renewal options, providing a defined framework for continued occupancy beyond the initial term.
Lease renewals include 10% increases, and the property is located within the New Orleans / Picayune MSA at 1962 Highway 11 S in Picayune, Mississippi. The site has no neighboring national tenant competition identified in the property information. It may also be acquired as part of a portfolio.
Lease renewals include 10% increases, and the property is located within the New Orleans / Picayune MSA at 1962 Highway 11 S in Picayune, Mississippi. The site has no neighboring national tenant competition identified in the property information. It may also be acquired as part of a portfolio.
Key Highlights
- 15‑year corporate‑guaranteed lease
- Absolute NNN structure with no landlord responsibilities
- Constructed in 2015
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Explore this area
Business Placement
Demographics for 39466, MS
27,897
Population
12,870
Households
2.2
Avg Household Size
41
Median Age
12%
College-Educated
87%
High-School Grad
152.8 sq mi
ZIP Area
183
Density / Sq Mi
$50,926
Median Household Income
$32,889
Median Earnings
$907
Median Rent
$161,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-backed retail occupancy with no landlord responsibilities under an absolute NNN lease structure.
Where is this nnn property located?
The property is located at 1962 Highway 11 S Picayune, MS.
What are key features of this property?
This property features: 15‑year corporate‑guaranteed lease; Absolute NNN structure with no landlord responsibilities; Constructed in 2015
