Building Details

Year Built 2018

Tenancy Single

Listing Agency: Randall Commercial Group, LLC Show Phone

Listed By: Elizabeth Randall · License #MS 19734

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 4:37PM

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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 is a brand-new, free-standing Dollar General offered for sale, scheduled for delivery in May 2018. The property is leased under a 15-year NNN structure, with the lease commencing June 1, 2018.

The offering is located at 5650 Highway 21 N in Preston, Mississippi. The tenant is described as investment grade, with a Standard & Poor’s “BBB” credit rating.

This presents a straightforward single-tenant retail asset configured as a stand-alone Dollar General under a long-term NNN lease.

Key Highlights

• Brand‑new, free‑standing Dollar General being delivered in May 2018
• 15‑year NNN lease commencing June 1, 2018
• Investment‑grade tenant: Dollar General with Standard & Poor’s BBB credit rating

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Grocery & Convenience Store Hair Salon Nail Salon Spa & Massage Center

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

100%

Occupancy

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

2k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

2,460 visits/mo 0.1 miles

Demographics for 39354, MS

1,676

Population

720

Households

2.3

Avg Household Size

44

Median Age

21%

College-Educated

75%

High-School Grad

122.4 sq mi

ZIP Area

14

Density / Sq Mi

$65,341

Median Household Income

$29,473

Median Earnings

$88,000

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?

Grocery and convenience store - Brand-new free-standing Dollar General being delivered May 2018 with a 15-year NNN lease beginning June 1, 2018.

Where is this grocery and convenience store located?

The property is located at 5650 Highway 21 N Preston, MS.

What are key features of this property?

This property features: Brand‑new, free‑standing Dollar General being delivered in May 2018; 15‑year NNN lease commencing June 1, 2018; Investment‑grade tenant: Dollar General with Standard & Poor’s BBB credit rating