Property profile

0 Highway 19 Meridian, MS 39307

OFF-MARKET
Retail properties & Spaces
10,000 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 10,000-square-foot Dollar Tree retail property located at Hwy 19 N, Meridian, MS 39307. The property boasts a new 10-year net lease with a corporate guarantee, ensuring consistent income. The lease includes six, 5-year renewal options, with rent increases scheduled every five years, providing built-in growth potential. The asking price is $2,057,601, representing a compelling $205.76 per square foot and a 6.25% cap rate based on a current Net Operating Income (NOI) of $128,600. The property features excellent visibility and convenient access from Highway 19. This is a single-tenant, 100% occupied, net lease investment with minimal landlord responsibilities, making it an ideal addition to any portfolio. The building is a new construction, offering modern amenities and long-term stability. The strategic location on a major highway ensures high traffic and strong customer visibility. This is a turnkey investment opportunity with significant upside potential.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highway 19 Meridian, MS 39307
Meridian metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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