12400 Highway 16 W - Freestanding FOR SALE


Philadelphia, MS 39350
$1,553,187 USD
214-692-2927
12400 Highway 16 W, Philadelphia, MS for Sale
$1,553,187 USD
Freestanding - FOR SALE
1/1
null | 7.25% Cap Rate

12400 Highway 16 W
Philadelphia, MS 39350


HIGHLIGHTS

  • Dollar General possesses an investment grade credit rating of BBB (S&P)
  • Dollar General has ± 20,000 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Dollar General has a market cap of ±$30 billion

OVERVIEW

2022 build-to-suit construction for Dollar General. Larger ±10,566 square foot prototype. Five, 5 year options, all of which include a 10% rent increase. Nearby national tenants include Wendy’s, Sonic, Advance Auto Parts, Pizza Hut, Shell, Walmart Supercenter, Regions Bank, Popeyes, etc. 10 Mile Population in excess of 19,926 residents. ±80 miles northeast of Jackson, MS.

FOR SALE DETAILS

PRICE

$1,553,187 USD

PRICE/SF

$147 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

05400-30-011.001

ASK ABOUT THIS PROPERTY

Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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