9067 Highway 19 Collinsville, MS 39325
- Retail space
- 10,000 SF
Current Use by Public Records
- Dollar Tree / Dollar Store / Discount Store
Property Details for 9067 Highway 19
- Property size
- 10,000 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
Description
This exceptional investment opportunity presents a 10,000 square foot Dollar Tree storefront located at 9067 Hwy 19 North, Collinsville, MS 39325. The property boasts a new, 10-year net lease with a corporate guarantee, minimizing landlord responsibilities. The lease includes six, five-year renewal options, ensuring long-term income stability. Scheduled rent increases are built into the lease, providing consistent growth potential. The asking price is $2,057,601, representing a compelling 6.25% capitalization rate based on a current Net Operating Income (NOI) of $128,600. This strategically located retail space benefits from high visibility on Highway 19 and convenient access points. The building is a new construction, further enhancing its appeal. This is an ideal investment for those seeking a secure, low-maintenance, and high-return retail property with a nationally recognized tenant. The property's location in Lauderdale County, Mississippi offers a strong market for retail businesses. The lease's structure and the tenant's financial strength make this a particularly attractive opportunity for long-term passive income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Collinsville
- County
- Lauderdale
- State
- Mississippi
- Longitude
- -88.8838834
- Latitude
- 32.5549683
