413 E Monroe Ave Okolona, MS 38860

This free-standing Dollar General investment property is located in Okolona, MS. The property has a 15-year, NNN lease with approximately 10.5 years remaining. The property is situated on E. Monroe Ave (MS-41), the primary east-west thoroughfare connecting the residential area of Okolona to industrial and highway arteries. It is located just west of the intersection with MS-45 Alternate, ensuring the store captures traffic from commuters returning from Tupelo or West Point. Okolona is situated along the Highway 45 Alternate corridor and is positioned to capture local and regional traffic. Located 20 miles south of Tupelo, Okolona serves as a key bedroom community for workers employed at nearby industrial companies like Toyota and the North Mississippi Medical Center. Several universities are in close proximity, including Blue Mountain College, Mississippi State University, Mississippi University for Women, University of Mississippi and community colleges of East Mississippi and Itawamba. Okolona is 121 miles from Memphis International airport and 18 miles from Tennessee-Tombigbee Port in Amory. The property is 10,640 square feet. Okolona is benefiting from regional investment that bolsters the long-term viability of its economic base. Chickasaw County is home to a 145-megawatt solar project, a multi-million-dollar investment that provides a stable tax revenue stream for the county. A recent $1 million Dual Substation Project has upgraded the local electric grid, ensuring utility reliability for the area’s businesses. The Mississippi Legislature recently approved $1.5 million in direct appropriations (FY2026) for the Okolona School District. Dollar General has a Standard & Poor's "BBB" credit rating.