Freestanding Dollar General Retail
3501 Highway 72 West, Corinth, MS 38834
For Sale
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A long-standing corporate tenant occupies a purpose-built store under a net lease.
Property SizeContact for details
Lot Size0.84 Acres
Days on Market49
Property Features for 3501 Highway 72 West
General Information
Standard status
Lot size
Property subtype
Net Operating Income
Financials
Asking Price
Cap Rate
Additional Details
Traffic Count
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Bang Realty
Listed By:
Brian Brockman · License MS #471020548
(859) 581-1113
Source:
Crexi
Added: Sep 24
Changed: Nov 10
Last Checked: Nov 10 at 8:53AM
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 Bang Realty
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This freestanding retail property was constructed in 2003 for Dollar General using the tenant’s prototype plans. The company has remained in occupancy for 23 years, with affirmative lease extensions in 2010, 2015, 2020 and 2025. The NN lease has approximately 3.7 years remaining through May 31, 2030, plus one five-year option extending through May 2035. The tenant reimburses real estate taxes and a monthly parking-lot amount and pays property insurance directly; ownership retains responsibility for the roof, structure, paving and HVAC.
The store occupies a 0.84-acre parcel with roughly 244 feet of frontage on US Highway 72 West in Corinth. The site is one parcel west of the Norman Road signalized intersection, along a corridor with reported daily traffic of 19,800 to 21,500 vehicles. Magnolia Regional Health Center is 0.4 miles away, the US-45 interchange is 0.6 miles away, and downtown Corinth is two miles away.
The store occupies a 0.84-acre parcel with roughly 244 feet of frontage on US Highway 72 West in Corinth. The site is one parcel west of the Norman Road signalized intersection, along a corridor with reported daily traffic of 19,800 to 21,500 vehicles. Magnolia Regional Health Center is 0.4 miles away, the US-45 interchange is 0.6 miles away, and downtown Corinth is two miles away.
Key Highlights
- Dollar General has occupied the purpose‑built store continuously for 23 years
- Lease extensions were executed in 2010, 2015, 2020 and 2025
- NN lease runs through May 31, 2030, with one five‑year option through May 2035
Property Analytics
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Current Use
Lease Details
21,500 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 38%
Exxon
Shops & Services
9,009 visits/mo
0.1 miles
Dollar General
Shops & Services
7,250 visits/mo
Huddle House
Dining
5,610 visits/mo
0.3 miles
SUBWAY
Dining
5,477 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
1,792 visits/mo
0.2 miles
Demographics for 38834, MS
27,823
Population
13,211
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
83%
High-School Grad
223.0 sq mi
ZIP Area
125
Density / Sq Mi
$50,125
Median Household Income
$34,202
Median Earnings
$730
Median Rent
$139,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Retail space - A long-standing corporate tenant occupies a purpose-built store under a net lease.
Where is this retail space located?
The property is located at 3501 Highway 72 West Corinth, MS.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Dollar General has occupied the purpose‑built store continuously for 23 years; Lease extensions were executed in 2010, 2015, 2020 and 2025; NN lease runs through May 31, 2030, with one five‑year option through May 2035
