229 Highway 314 - Freestanding FOR SALE


Oxford, MS 38655
$1,705,559 USD
503-705-7352
229 Highway 314, Oxford, MS for Sale
$1,705,559 USD
Freestanding - FOR SALE
1/17
null | 7.25% Cap Rate

229 Highway 314
Oxford, MS 38655


HIGHLIGHTS

  • Corporate Guaranteed Lease – Leased directly by Dollar General Corporation (NYSE: DG), offering investment-grade credit.
  • Absolute NNN Lease – No landlord responsibilities; tenant is responsible for taxes, insurance, and all maintenance including roof and structure.
  • Long-Term Lease Stability – Lease in place through November 30, 2032, providing over 7 years of remaining term.
  • Modern Construction – Built in 2017, the building reflects Dollar General’s latest store prototype with efficient layout and updated façade.
  • Strong Retail Location – Positioned on a highly visible site along Highway 314, with easy access and strong surrounding demographics.
  • Oxford, MS Market – Located in one of Mississippi’s most dynamic college towns, home to the University of Mississippi

OVERVIEW

This offering presents the opportunity to acquire a freestanding Dollar General located at 229 Highway 314 in Oxford, Mississippi, backed by a corporate-guaranteed lease through November 30, 2032. The property, constructed in 2017 and comprising approximately 9,002 square feet on a 1.73-acre parcel, reflects Dollar General’s modern retail prototype with ample parking, strong visibility, and efficient ingress and egress. The lease is structured as Absolute NNN, requiring no landlord responsibilities and offering a passive investment secured by one of the most successful retailers in the United States. With more than 20,000 stores in 48 states, Dollar General maintains investment-grade credit and a proven recession-resistant business model that focuses on essential, consumable goods at accessible price points. This location is emblematic of the company’s continued focus on serving under-retailed communities while optimizing unit-level performance through upgraded layouts and product selection—including recent initiatives to expand into fresh produce and health-related goods. The tenant’s long-term occupancy and strategic placement along a key commercial artery reinforce the asset’s stability and potential for future income growth.

FOR SALE DETAILS

PRICE

$1,705,559 USD

PRICE/SF

$189 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

2017

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

-

APN/PARCEL ID

146W-13-022.01

ASK ABOUT THIS PROPERTY

Ryan ImbrieSVN | Imbrie RealtyMore Info
503-705-7352

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Ryan ImbrieSVN | Imbrie RealtyMore Info
503-705-7352

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