1196 N Martin Luther King Jr St - Retail FOR SALE


Natchez, MS 39120
$993,064 USD
214-347-7988
1196 N Martin Luther King Jr St, Natchez, MS for Sale
$993,064 USD
Retail - FOR SALE
1/3
null | 8.75% Cap Rate

1196 N Martin Luther King Jr St
Natchez, MS 39120


HIGHLIGHTS

  • 2016 build-to-suit construction for Family Dollar
  • Absolute NNN lease with zero landlord responsibilities
  • RARE 10% rental increase in 2026 and in all six option periods
  • Corporately guaranteed lease from Family Dollar Corporation
  • Nearby national tenants include Walmart, Walgreens, CVS, Advance Auto Parts, Sonic, Wendy’s, and many more
  • ±5 mile population in excess of 23,638 resident

OVERVIEW

Broker of Record Phillip Carpenter License # C-11708 (MS) Carpenter Properties, Inc. 1437 Old Square Road, Suite 104 Jackson, MS 39211 (866) 889-0550

FOR SALE DETAILS

PRICE

$993,064 USD

PRICE/SF

$119 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

0020-0004-0018

ASK ABOUT THIS PROPERTY

Wyatt WagnerMatthews Real Estate Investment ServicesMore Info
214-347-7988

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Wyatt WagnerMatthews Real Estate Investment ServicesMore Info
214-347-7988

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