Free-Standing Family Dollar Retail
For Sale
$897,000
600 E Monticello St, Brookhaven, MS 39601
Built-to-suit in 2013 and currently leased under a net structure through 2030 with multiple extension options.
Property Size8,320 SF
Lot Size0.83 Acres
Price / SF$107.81
Days on Market93
Property Features for 600 E Monticello St
General Information
Standard status
Active
Size
8,320 SF
Total Parking Spaces
40
Lot size
0.83 Acres
Property subtype
Free Standing Building
Additional Details
Highway Access
Yes
Building Details
Building Size
8,320 SF
Year Built
2013
Listing Agency:
NAI UCR Properties, LLC
Listed By:
Allen Carr, CCIM · License #B20042
(601) 981-6800
Source:
Thebrokerlist
Added: Jun 2
Changed: Aug 23
Last Checked: Sep 1 at 2:34PM
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 NAI UCR Properties, LLC
Investment Insights
Based on property information with market context.
This build-to-suit Family Dollar building was completed in 2013 and offers a free-standing retail configuration on an approximately 0.83-acre site. The property is positioned for straightforward retail access and includes ample on-site parking with approximately 40 spaces. The lease is structured as a double net arrangement, with the landlord responsible for the roof, structure, and parking lot.
The site sits in a quiet residential community and is surrounded by dense housing. It is adjacent to Brookhaven High School, with approximately 800 students, supporting consistent local demand in the area.
For investors, the building provides an operating asset with an initial lease term extended to 6/30/2030 and six additional five-year options. Each option period includes a 10% increase, offering a clear framework for future rent steps. For retail operators or repeat tenants, the property’s proven single-tenant layout and parking availability support a relatively direct re-tenanting path should that be required in the future.
The site sits in a quiet residential community and is surrounded by dense housing. It is adjacent to Brookhaven High School, with approximately 800 students, supporting consistent local demand in the area.
For investors, the building provides an operating asset with an initial lease term extended to 6/30/2030 and six additional five-year options. Each option period includes a 10% increase, offering a clear framework for future rent steps. For retail operators or repeat tenants, the property’s proven single-tenant layout and parking availability support a relatively direct re-tenanting path should that be required in the future.
Key Highlights
- Free‑standing Family Dollar building built in 2013; approx. 8,320 SF on approx. 0.83 acres
- Currently leased under a net structure through 6/30/2030 with six (6) 5‑year extension options
- Each extension option includes a 10% increase at the option period
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
4,118 visits/mo
0.1 miles
Demographics for 39601, MS
22,819
Population
10,689
Households
2.1
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
264.6 sq mi
ZIP Area
86
Density / Sq Mi
$43,750
Median Household Income
$35,057
Median Earnings
$772
Median Rent
$121,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Built-to-suit in 2013 and currently leased under a net structure through 2030 with multiple extension options.
Where is this retail space located?
The property is located at 600 E Monticello St Brookhaven, MS.
What is the asking price?
The asking price for this property is $897,000.
What are key features of this property?
This property features: Free‑standing Family Dollar building built in 2013; approx. 8,320 SF on approx. 0.83 acres; Currently leased under a net structure through 6/30/2030 with six (6) 5‑year extension options; Each extension option includes a 10% increase at the option period
