22350 Highway 6 E - Freestanding FOR SALE


Batesville, MS 38606
$1,527,066 USD
662-638-0722
22350 Highway 6 E, Batesville, MS for Sale
$1,527,066 USD
Freestanding - FOR SALE
1/5
null | 6.65% Cap Rate

22350 Highway 6 E
Batesville, MS 38606


HIGHLIGHTS

  • Hardy Plank Front Exterior
  • 15-year NNN Lease
  • Highway 6 is one of the most heavily trafficked non-interstate roads in North Mississippi

OVERVIEW

Randall Commercial Group, LLC is pleased to exclusively offer for sale this free-standing Dollar General located in Batesville, MS. The subject property has a hardy-plank front and a 15-year, NNN lease with approximately 11 years remaining. Batesville is located ±50 miles south of Memphis, TN and just ±20 miles west of Oxford, MS (The University of Mississippi – Ole Miss). The property is strategically located on MS Highway 6, which is one of the most heavily trafficked non-interstate roads in North Mississippi and is strategically positioned to capture "last-stop" retail traffic for travelers moving between Batesville and Oxford. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating and is considered one of the strongest tenants in the nation. The subject property is strategically located along Highway 6 on the eastern side of Batesville. It sits on the primary commuter and commercial artery connecting Interstate 55 (Batesville’s core) to the University of Mississippi (Ole Miss) in Oxford. It’s location provides high-visibility for the commuter traffic and is strategically positioned to capture "last-stop" retail traffic for travelers and residents moving between the Batesville and Oxford markets. The property is also in Batesville growth area and not for from the new, 32-acre shopping center called Covenant Crossing. Batesville serves as a vital commercial and transit hub for North Mississippi. Located in Panola County, it sits at the high-traffic intersection of Interstate 55 and Highway 6, roughly 20 miles west of Oxford and 50 miles south of Memphis.

FOR SALE DETAILS

PRICE

$1,527,066 USD

PRICE/SF

$145 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Batesville, MS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,991 SF

ZONING

-

APN/PARCEL ID

1172 0900000 0000101

ASK ABOUT THIS PROPERTY

Brian PhillipsRandall Commercial Group, LLCMore Info
662-638-0722

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Brian PhillipsRandall Commercial Group, LLCMore Info
662-638-0722

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