For Sale
$1,951,775

4018 Ms-19Meridian, MS 39301

Mississippi Dollar General Investment

Overview

Added:
Dec 11, 2024
Days on market:
124

Highlights

  • $1,951,775 asking price for a Net Lease retail property.
  • Absolute NNN lease with a credit-rated, corporate-guaranteed tenant (Dollar General, Dollar Tree, Family Dollar).
  • 10,566 square feet on a 2-acre lot, built in 2024, with 100% occupancy.
  • 15-year lease commencing January 15, 2025, and expiring January 31, 2040, including five 5-year options with 5% rent bumps every 5 years.
  • $138,576 Net Operating Income (NOI) yielding a 7.10% cap rate.
  • Located at 4018 MS-19, Meridian, MS 39301.

Property Details for 4018 Ms-19

Property type
Retail properties, Grocery and convenience stores
Square Feet
10,566 SF
Year Built
2024
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Meridian
County
Lauderdale
State
Mississippi
Latitude
32.291427086882
Longitude
-88.501175765815
4018 Ms-19, Meridian, Mississippi
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - Mississippi Dollar General Investment
Where is the retail property located?
The property is located at 4018 Ms-19 Meridian, MS.
What is the asking price?
The asking price for this property is $1,951,775.
What are key features of this property?
This property features: $1,951,775 asking price for a Net Lease retail property.; Absolute NNN lease with a credit-rated, corporate-guaranteed tenant (Dollar General, Dollar Tree, Family Dollar).; 10,566 square feet on a 2-acre lot, built in 2024, with 100% occupancy.
How can I contact the broker?
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4018 Ms-19
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