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Dollar General NNN Retail
For Lease
$1,111,964 NNN

848 S 16th Ave, Laurel, MS 39440

Long-term net-lease Dollar General on a South 16th Street storefront with minimal landlord responsibilities.

Space SizeContact for details
Property Size9,026 SF
Days on Market96

Property Features for 848 S 16th Ave

General Information

Standard status Active
Size 9,026 SF
Property subtype Retail

Building Details

Building Size 9,026 SF
Year Built 2011
Listed By: Shelby Sagmani Sulaiman
Source: Exclusive-realty
Added: Jun 25 Changed: Sep 4 Last Checked: Sep 26 at 5:07AM

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 Shelby Sagmani Sulaiman

Investment Insights

Based on property information with market context.

This Dollar General property is offered on a long-term triple net lease basis. The lease structure places responsibility for property maintenance and related expenses with the tenant, resulting in zero landlord maintenance obligations. The site includes 9,026 square feet of retail space on a 1.1-acre lot, operating as a dedicated storefront for the national retailer.

The property is located at 848 S 16th Ave in Laurel, Mississippi, on South 16th Street. The remarks describe the asset as high-visibility and positioned near community amenities, with proximity to residential neighborhoods, schools, and local businesses. The location also provides access to regional connectivity, with downtown Laurel and I-59 cited as nearby.

For investors and tenant-brokers seeking an income-producing retail asset, the combination of a long-term NNN structure and a strong national tenant profile supports a hands-off ownership model. Dollar General’s role as a daily retail destination can be a practical fit for parties looking to acquire or place capital into a stabilized, maintenance-light retail format in Laurel.

Key Highlights

  • 2011‑built Dollar General in Laurel, MS with 9,026 SF on a 1.1‑acre lot
  • Long‑term triple net (NNN) lease with zero landlord maintenance responsibilities
  • Single‑tenant Dollar General on South 16th Street

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Furniture & Home Goods Cafe & Coffee Shop Electrical Service Computer & Electronic Repair

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 99% Hotels & Casinos 1%
Family Dollar Shops & Services
5,297 visits/mo 0.1 miles
Dollar General Shops & Services
3,500 visits/mo 0.1 miles
Chevron Shops & Services
2,792 visits/mo 0.0 miles
AAMCO Transmissions Shops & Services
314 visits/mo 0.4 miles
Budget Inn Hotels & Casinos
143 visits/mo 0.3 miles

Demographics for 39440, MS

19,759
Population
9,035
Households
2.2
Avg Household Size
35
Median Age
20%
College-Educated
86%
High-School Grad
17.7 sq mi
ZIP Area
1,116
Density / Sq Mi
$38,687
Median Household Income
$30,246
Median Earnings
$856
Median Rent
$112,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
NNN property - Long-term net-lease Dollar General on a South 16th Street storefront with minimal landlord responsibilities.
Where is this nnn property located?
The property is located at 848 S 16th Ave Laurel, MS.
What is the lease rate?
The lease rate is $1,111,964.
What are key features of this property?
This property features: 2011‑built Dollar General in Laurel, MS with 9,026 SF on a 1.1‑acre lot; Long‑term triple net (NNN) lease with zero landlord maintenance responsibilities; Single‑tenant Dollar General on South 16th Street
More about this property
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