0 Highway 19, Meridian, MS 39307
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.