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    OFF-MARKET
    Retail properties & Spaces

    0 Highway 19, Meridian, MS 39307

    10,000 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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