Family Dollar Investment
For Sale
Contact for pricing
60 Mike Parra Rd - Family Dollar, Columbus, MS 39705
Leased Family Dollar with re-tenanting potential near Air Force Base.
Property Size10,500 SF
Days on Market228
Property Features for 60 Mike Parra Rd - Family Dollar
General Information
Standard status
Active
Size
10,500 SF
Property subtype
Retail
Building Details
Stories
1
Properties For Sale
at 60 Mike Parra Rd - Family Dollar
Available Space
Sale
Size
10,500 SF
Listing Agency:
Transwestern Fort Worth
Listed By:
Gavin Behr · License #692962
(817) 259-3549
Source:
Transwestern
Added: Mar 7
Changed: Oct 3
Last Checked: Oct 20 at 5:03PM
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 Transwestern Fort Worth
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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.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,299 visits/mo
0.3 miles
Demographics for 39705, MS
13,773
Population
6,317
Households
2.2
Avg Household Size
36
Median Age
42%
College-Educated
92%
High-School Grad
66.0 sq mi
ZIP Area
209
Density / Sq Mi
$69,292
Median Household Income
$47,908
Median Earnings
$1,046
Median Rent
$225,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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.
