107 N Lee Dr - Freestanding FOR SALE


Guntown, MS 38849
$449,142 USD
662-268-8025
107 N Lee Dr, Guntown, MS for Sale
$449,142 USD
Freestanding - FOR SALE
1/15
null | 7% Cap Rate

107 N Lee Dr
Guntown, MS 38849


OVERVIEW

Dollar General - Guntown, MS. Brand new roof with 20-year warranty just installed March 2025! Investment opportunity being offered at $449,142, with a cap rate of 7percent. The 8,200 square foot+/- property is situated on 1.00 acre+/-, built in 2002. Dollar General extended their lease through 11/30/2027, and currently pays $2,620 per month, plus an additional $150 is paid each month to the owner for parking lot maintenance. This established DG has two five-year extension options remaining, each with a rent increase. Property taxes and insurance are paid by tenant. Maintenance duties are shared between landlord and tenant. Great metal building with visibility from Highway 45! Located in thriving Lee County, and just 11 miles north of Tupelo.

FOR SALE DETAILS

PRICE

$449,142 USD

PRICE/SF

$55 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

025U-21-006-33

ASK ABOUT THIS PROPERTY

Jane Anna WaideFarmer Commercial PropertiesMore Info
662-268-8025

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Jane Anna WaideFarmer Commercial PropertiesMore Info
662-268-8025

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.