17825 Main St Louisville, MS 39339-2767
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.
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Western Union Bank Credit Union
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Redbox Cinema (Bike/Boat/Book/etc) Store
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Dollar General Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.