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Property profile & analytics
OFF-MARKET Estimated value $755,000
Commercial real estate

17825 Main St Louisville, MS 39339-2767

9,111 SF 2.1 ac lot Built 2017
Entity Owned 5-yr Hold Free & Clear
Property ID
US50-1523180
Property summary
AI-generated overview

This exceptional investment opportunity presents a 9,026 square foot Dollar General store located at 17825 E Main St, Louisville, MS 39339. Boasting a strong 7.75% cap rate and a substantial NOI of $79,032, this property offers a secure and lucrative return. The property sits on a 2.1-acre lot and was built in 2016. The current lease, a Net Lease (NN) with a corporate guarantee from a credit-rated tenant, has 7.3 years remaining, with five 5-year options, each including a 10% rent increase. The store consistently ranks in the top 25% of Dollar General locations nationwide, demonstrating exceptional performance. Situated conveniently off Highway 14 and across from Winston Medical Center, this location benefits from a strong demographic profile, with an average household income exceeding $72,873 within a 5-mile radius. This is a single-tenant property with 100% occupancy, providing investors with a stable and predictable income stream. The lease commenced February 12, 2017, and expires February 29, 2032. This is a prime opportunity to acquire a well-performing, essential retail asset with a highly reputable tenant and significant long-term growth potential.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2017
Construction METAL FRAME
Total area 9,111 SF
Lot 2.1 ac (91,476 SF)
APN 151272603 0101801
UPID US50-1523180
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
Current use
Occupant on record · Public records
  • Western Union Bank Credit Union
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$755k
Owner & transaction history
Spdg Investments LLC · 5 yrs held
Spdg Investments LLC
since 2021
3 recorded transactions
2025
Price N/A
2021
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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