Dollar General NNN Retail
For Sale
Contact for pricing
511 Palmetto Rd, Tupelo, MS 38801
Brand-new construction is supported by a 15-year NNN lease with a July 13, 2021 rent commencement date.
Property SizeContact for details
Days on Market144
Property Features for 511 Palmetto Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Randall Commercial Group, LLC
(662) 234-4043
Listed By:
Elizabeth Randall · License #MS 19734
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:38AM
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 Randall Commercial Group, LLC
Investment Insights
Based on property information with market context.
This freestanding Dollar General store is a brand-new retail improvement occupied under a 15-year NNN lease. Rent commenced on July 13, 2021, and the tenant carries a Standard & Poor’s “BBB” credit rating.
The property is located at 511 Palmetto Rd on the west side of Tupelo in Lee County. Tupelo Regional Airport is approximately 8.2 miles away, while Trace State Park is approximately 8.7 miles from the store. The city is served by Highways 45, Interstate 22, and the Natchez Trace Parkway, providing connections throughout northeast Mississippi and the surrounding regional market.
The property is located at 511 Palmetto Rd on the west side of Tupelo in Lee County. Tupelo Regional Airport is approximately 8.2 miles away, while Trace State Park is approximately 8.7 miles from the store. The city is served by Highways 45, Interstate 22, and the Natchez Trace Parkway, providing connections throughout northeast Mississippi and the surrounding regional market.
Key Highlights
- Brand‑new, freestanding Dollar General retail store
- 15‑year NNN lease with rent commencing July 13, 2021
- Tenant has a Standard & Poor’s “BBB” credit rating
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 38801, MS
29,795
Population
13,717
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
86%
High-School Grad
73.0 sq mi
ZIP Area
408
Density / Sq Mi
$63,447
Median Household Income
$35,596
Median Earnings
$954
Median Rent
$187,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Brand-new construction is supported by a 15-year NNN lease with a July 13, 2021 rent commencement date.
Where is this nnn property located?
The property is located at 511 Palmetto Rd Tupelo, MS.
What are key features of this property?
This property features: Brand‑new, freestanding Dollar General retail store; 15‑year NNN lease with rent commencing July 13, 2021; Tenant has a Standard & Poor’s “BBB” credit rating
