20 Nat G Troutt rd - Retail FOR SALE


Grenada, MS 38901
$1,308,000 USD
800-385-6421
20 Nat G Troutt rd, Grenada, MS for Sale
$1,308,000 USD
Retail - FOR SALE
1/3
null | 6.92% Cap Rate

20 Nat G Troutt rd
Grenada, MS 38901


OVERVIEW

Absolute NNN Lease - No Landlord responsibilities creating a truly passive investment. Investment Grade Tenant - Corporate Guarantee (S&P Rating: BBB). Above Average Surrounding Household Incomes - $103,311 AVG HHI within 3-miles of the property. Long-Term Lease - 10 years remaining on the current term including five, 5-year options with 10% increases in each. Strong Expanding Company - Dollar General secured the 108th spot on the Fortune 500 list and earned a place on Fortune's roster of the World's Most Admired Companies for 2023. Its annual net sales surpassed $37.8 Billion.

FOR SALE DETAILS

PRICE

$1,308,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

6.92%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.2 AC

LAND SF

357,192 SF

ZONING

-

APN/PARCEL ID

045W-15-137.00

ASK ABOUT THIS PROPERTY

Gregory FitzgeraldTri-Oak Consulting GroupMore Info
800-385-6421

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Gregory FitzgeraldTri-Oak Consulting GroupMore Info
800-385-6421

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