8925 Old Spanish Trl Ocean Springs, MS 39564

This exceptional investment opportunity presents a 10,000-square-foot, net-leased Dollar Tree convenience store located at 8925 Old Spanish Trail, Ocean Springs, Mississippi 39564. The property boasts a strong corporate guarantee and a new 10-year lease with six, 5-year renewal options. Rent increases are scheduled every five years, including during option periods, ensuring consistent income growth. The asking price is $2,166,668, representing a compelling 6.00% cap rate and a price per square foot of $216.67. The property currently generates a net operating income (NOI) of $130,000 annually. This newly constructed building enjoys excellent visibility and convenient access from US-90, with easy ingress and egress points. Minimal landlord responsibilities are required, making this a low-maintenance, high-return investment. The 100% occupancy rate further solidifies this opportunity's stability and potential for long-term growth. The property is undergoing renovations.