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Dollar General Retail Portfolio
For Sale
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284 Hwy 72, Burnsville, MS 38833

Seven Dollar General stores built with 2008 new prototype designs, on double-net leases with 15-year initial terms.

Property SizeContact for details
Days on Market137

Property Features for 284 Hwy 72

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2008
Listing Agency: Fortis Net Lease
Listed By: Robert Bender · License #MI 6501323470
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 3:08AM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

This for-sale retail portfolio features seven Dollar General stores built in 2008 using new prototype designs. Two of the stores are relocation sites from older in-line spaces and include the “DG Plus” format, which provides 12,480 square feet for additional grocery and retail items. Leases are structured as double net with 15-year initial lease terms, and each lease includes a 3% rent escalation occurring in 2023.

Per the lease terms, the landlord is responsible for capital replacements to the roof, structure, and parking lot. Dollar General reimburses the landlord monthly for projected common area expenses, as well as all real estate taxes and property insurance.

The portfolio is located in smaller retail markets in Mississippi and Arkansas, where Dollar General is described as dominating the retail landscape in these communities. The property is listed for sale at 284 Hwy 72, Burnsville, MS 38833.

Key Highlights

  • Seven Dollar General stores built in 2008 using new prototype designs
  • All leases are double‑net with 15‑year initial lease terms
  • Each lease includes a 3% rent escalation occurring in 2023

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Pharmacy Auto Repair Shop 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.

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 97% Dining 3%
76 Shops & Services
7,191 visits/mo 0.2 miles
Dollar General Shops & Services
6,867 visits/mo 0.1 miles
American National Bank Shops & Services
2,911 visits/mo 0.1 miles
Valero Energy Shops & Services
1,518 visits/mo 0.2 miles
Hometown Pizza Dining
608 visits/mo 0.4 miles

Demographics for 38833, MS

2,348
Population
1,196
Households
2
Avg Household Size
43
Median Age
14%
College-Educated
81%
High-School Grad
50.0 sq mi
ZIP Area
47
Density / Sq Mi
$51,858
Median Household Income
$40,982
Median Earnings
$752
Median Rent
$133,900
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?
Retail space - Seven Dollar General stores built with 2008 new prototype designs, on double-net leases with 15-year initial terms.
Where is this retail space located?
The property is located at 284 Hwy 72 Burnsville, MS.
What are key features of this property?
This property features: Seven Dollar General stores built in 2008 using new prototype designs; All leases are double‑net with 15‑year initial lease terms; Each lease includes a 3% rent escalation occurring in 2023
(248) 254-3406 Call to check price and availability
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