3140 W Northside Dr - Freestanding FOR SALE


Jackson, MS 39213- North Jackson
$1,400,000 USD
561-503-3648
3140 W Northside Dr, Jackson, MS for Sale
$1,400,000 USD
Freestanding - FOR SALE
1/1
null | 6.79% Cap Rate

3140 W Northside Dr
Jackson, MS 39213
North Jackson


HIGHLIGHTS

  • Excellent strategic location
  • Relatively new store, built in 2020
  • Excellent year over year performance
  • 10 year Initial lease term with 6, 5 year options with bumps!

OVERVIEW

Conveniently located in an easily accessible part of Jackson MS, close to interstate 220, immediately adjacent to the largest single family home cluster in the city, this 9,180 SF Family Dollar Location was built in 2020, and as of 2025 is halfway through an initial lease term of 10 years, with 6 additional remaining options of 5 years each, with increases averaging 4.33% each year. The in-store convenience, price advantage, and strategically chosen, more convenient location of Family Dollar stores make them uniquely strong assets in the retail sector, especially in today’s environment of rising costs for everyday consumer goods. They consistently fill a void that is often created by the increased popularity of big box stores that have a much longer in/out time, ask higher prices for equivalent goods, and mean more travel time for consumers. Shoppers from all income brackets have historically taken full advantage of the lower prices and convenience offered by this particular retail model for household necessities, non-perishables, cleaning supplies, and much more. Family Dollar currently maintains over 7,500 locations throughout the country, and has recently redoubled its focus on its most productive and successful locations, strategically opening and closing stores as demographics evolve and stores age out of service, to be replaced by new locations. This location is part of a long-term commitment by Family Dollar Corporate to Jackson, MS market, and is well-positioned to provide any retail investor with stable cash flow for years to come.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

6.79%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

C-3

APN/PARCEL ID

0731-0009-000

ASK ABOUT THIS PROPERTY

Russell GoldsteinThe Goldstein Group (MRG Associates, LLC)More Info
561-503-3648

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Russell GoldsteinThe Goldstein Group (MRG Associates, LLC)More Info
561-503-3648

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