60 Mike Parra Rd - Family Dollar Columbus, MS 39705

Properties For Sale

at 60 Mike Parra Rd - Family Dollar Contact us

Listing agency Transwestern | Fort Worth g***@transwestern.com Show Phone

Listed by Gavin Behr · License #TX:692962 Show Phone

Source Transwestern

Added: Mar 7 Updated: Jul 10 at 1:15PM Checked: Jul 21 at 2:57AM

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Investment Insights

Based on property information with market context.

Constructed in 2021, this 10,500 square foot property is currently leased to Family Dollar, although the store went dark in 2024. The existing Family Dollar lease continues through June 30, 2031, providing an opportunity for a new owner to re-tenant the property while benefiting from the remaining base rental income, as well as real estate tax and insurance reimbursements. There is a potential opportunity to negotiate a lease buy-out with Family Dollar, although this is subject to change. The property's flexible configuration provides numerous options for a new tenant. The property has visibility from U.S. Highway 45 and is in close proximity to Columbus Air Force Base, which has a population of nearly 2,700.

Key Highlights

• Existing Family Dollar lease provides rental income and expense reimbursements through 6/30/2031.
• Opportunity to re‑tenant the property while receiving rental income.
• Potential to negotiate a lease buy‑out with Family Dollar.

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FAQs

What type of property is this?

Grocery and convenience store - Leased Family Dollar with re-tenanting potential near Air Force Base.

Where is this grocery and convenience store located?

The property is located at 60 Mike Parra Rd - Family Dollar Columbus, MS.

What are key features of this property?

This property features: Existing Family Dollar lease provides rental income and expense reimbursements through 6/30/2031.; Opportunity to re‑tenant the property while receiving rental income.; Potential to negotiate a lease buy‑out with Family Dollar.