1842 Hwy 12 - Freestanding FOR SALE


Weir, MS 39772
$956,000 USD
858-449-4864
1842 Hwy 12, Weir, MS for Sale
$956,000 USD
Freestanding - FOR SALE
1/2
null | 8% Cap Rate

1842 Hwy 12
Weir, MS 39772


HIGHLIGHTS

  • Absolute NNN Lease – There are zero landlord responsibilities or expenses, providing 100% passive income to the landlord.
  • Strategic Location – The property is strategically located with prime HWY 12 frontage.
  • Low Rents – Low rents provide the tenant with healthier operating margins when compared to newer construction product.
  • Strong Corporate Guaranty – From Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $28 billion market cap.
  • Limited Competition – There are no other competing retailers or convenience stores in town

OVERVIEW

Broker of Record Phillip Carpenter License No. C-11708 (MS) (866) 889-0550 Carpenter Properties, Inc. 1437 Old Square Road, Suite 104 Jackson, MS 39211

FOR SALE DETAILS

PRICE

$956,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

8%

% 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

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

-

APN/PARCEL ID

088-0005-0006000

ASK ABOUT THIS PROPERTY

Blake WagensellerMatthews Real Estate Investment ServicesMore Info
858-449-4864

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Blake WagensellerMatthews Real Estate Investment ServicesMore Info
858-449-4864

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