62974 Highway 25 N - Storefront Retail/Office FOR SALE


Amory, MS 38821
$1,547,286 USD
214-692-2927
62974 Highway 25 N, Amory, MS for Sale
$1,547,286 USD
Storefront Retail/Office - FOR SALE
1/3
null | 7% Cap Rate

62974 Highway 25 N
Amory, MS 38821


HIGHLIGHTS

  • 2022 build-to-suit construction for Dollar General
  • Extremely high quality UPGRADED construction (no metal sides)
  • ±13.5 years remaining on a 15 year Absolute NNN Lease – Zero Landlord Responsibilities
  • Limited Competition- subject property is the only dollar store in Smithville

OVERVIEW

10 mile population in excess of ±16,498 residents. Corporately guaranteed lease from Dollar General Corporation. Dollar General has ±19,600 locations and plans to continue their expansion for the foreseeable future. Dollar General boasts an investment-grade credit rating of BBB (S&P) and Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic

FOR SALE DETAILS

PRICE

$1,547,286 USD

PRICE/SF

$146 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,566 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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