Building Details

Tenancy Single

Listing Agency: ParaSell Inc s***@parasellinc.com Show Phone

Listed By: Scott Reid · License #IL - 478027307

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 8:53PM

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Investment Insights

Based on property information with market context.

This newly developed NNN property is occupied by Dollar Tree under a 10-year lease with minimal landlord obligations and a corporate guaranty. The agreement includes four 5-year renewal options, with scheduled rental increases during each option period.

The property fronts Main Street in Nettleton and receives exposure to more than 6,000 vehicles per day. Highway 278 is nearby and provides direct access to Tupelo. The site is also less than one mile from the Nettleton School District, which includes 3 schools serving 1,162 students, and is positioned near other area businesses.

Key Highlights

• New Dollar Tree location under a 10‑year net lease
• Corporate lease guaranty with minimal landlord obligations
• Four 5‑year renewal options with scheduled rental increases

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Hair Salon Garden Center Plumbing 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

6,000 VPD

Traffic count

Single-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

147

Businesses Nearby

30k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 52% Dining 30% Groceries 19%

Dollar Tree Shops & Services

6,512 visits/mo 0.4 miles

Piggly Wiggly Groceries

5,684 visits/mo 0.5 miles

Shell Shops & Services

5,321 visits/mo 0.4 miles

El Toro Dining

5,030 visits/mo 0.5 miles

Cadence Bank Shops & Services

2,771 visits/mo 0.3 miles

Demographics for 38858, MS

6,914

Population

3,048

Households

2.3

Avg Household Size

42

Median Age

7%

College-Educated

83%

High-School Grad

121.8 sq mi

ZIP Area

57

Density / Sq Mi

$60,852

Median Household Income

$37,300

Median Earnings

$893

Median Rent

$109,200

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

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - New retail asset with a corporately guaranteed lease and limited landlord responsibilities.

Where is this nnn property located?

The property is located at 204 Main St Nettleton, MS.

What are key features of this property?

This property features: New Dollar Tree location under a 10‑year net lease; Corporate lease guaranty with minimal landlord obligations; Four 5‑year renewal options with scheduled rental increases