Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 9,237 square-foot Dollar General store in Mendenhall, Mississippi. Located at 1403 MS-540, this single-story building, constructed in 2020, sits on a 1.55-acre lot and boasts a 100% occupancy rate. The property is secured by an absolute NNN lease with a corporate guarantee from Dollar General, offering zero landlord responsibilities. The current lease, commencing November 11, 2020, and expiring November 30, 2035,… has a remaining term of 11 years, with four five-year renewal options, each including a 10% rent increase. The current annual net operating income (NOI) is $92,484, representing a 7.35% cap rate and a price per square foot of $136.22. The asking price is $1,258,286. This strategically positioned property benefits from high visibility at a major intersection, experiencing 1,713 vehicles per day. The surrounding area demonstrates strong demographics, with a 10-mile population of 17,965 and an average household income of $67,878. Dollar General's investment-grade credit rating ("BBB") further enhances the security and stability of this investment, making it ideal for a 1031 exchange or passive investor seeking a low-maintenance, high-return property. The property is suitable for a 1031 exchange.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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