600 E Monticello St - Storefront FOR SALE


Brookhaven, MS 39601
$897,000 USD
901-212-1178
600 E Monticello St, Brookhaven, MS for Sale
$897,000 USD
Storefront - FOR SALE
1/4
null | 8.24% Cap Rate

600 E Monticello St
Brookhaven, MS 39601


OVERVIEW

NAI UCR Properties is pleased to offer for sale a single-tenant, net-leased Family Dollar located at 600 E Monticello Street, Brookhaven, MS 39601. Delivered in 2014 as a buildto-suit, this 8,320-square-foot freestanding property has been exceptionally maintained and features minimal landlord responsibilities. Underscoring their long-term commitment to the site, Family Dollar recently exercised a lease extension, ensuring stable, passive income secured by a nationally recognized tenant. With built-in rent increase potential through future lease renewals, this asset represents a strong addition to any retailfocused investment portfolio seeking reliable cash flow and long-term upside.

FOR SALE DETAILS

PRICE

$897,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

8.24%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

Retail

APN/PARCEL ID

B87-18-1-270

ASK ABOUT THIS PROPERTY

Allen Carr, CCIMNAI UCR PropertiesMore Info
901-212-1178

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Allen Carr, CCIMNAI UCR PropertiesMore Info
901-212-1178

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