12400 MS-16 - Convenience Store FOR SALE
Philadelphia, MS 39350 |
$1,491,471 USD
214-692-2289
12400 MS-16
Philadelphia, MS 39350
HIGHLIGHTS
- Absolute NNN lease with ±11 years remaining and five 5-year options with 10% rent increases.
- 2022 build-to-suit Dollar General prototype with ±10,566 SF on 1.64 acres.
- Corporate guaranteed lease by Dollar General Corporation, S&P BBB investment-grade credit.
- Surrounded by national retailers including Walmart, Wendy’s, and Popeyes.
- 10-mile population exceeds 20,000, supporting strong retail demand.
- High visibility location along MS-16, ±80 miles from Jackson, MS.
FOR SALE DETAILS
PRICE
$1,491,471 USD
PRICE/SF
$141 USD /SF
CAP RATE
7.55%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1.64 AC
LAND SF
71,438 SF
ZONING
C
APN/PARCEL ID
04300 -26 -005.001
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214-692-2289
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214-692-2289
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