848 S 16th Ave - Freestanding FOR SALE


Laurel, MS 39440
$1,111,964 USD
248-833-6696
848 S 16th Ave, Laurel, MS for Sale
$1,111,964 USD
Freestanding - FOR SALE
1/8
null | 8.25% Cap Rate

848 S 16th Ave
Laurel, MS 39440


HIGHLIGHTS

  • NNN Lease/Zero Landlord Responsibilities
  • Dollar General has operated at this location since lease commencement in 2012, showing commitment to the site
  • Over 29,000 Residents within a 5 Mile Radius
  • Dollar General has a $48 Billion Market Cap: DG:NYSE

OVERVIEW

Exclusive Realty is pleased to present this 9,026 square foot Dollar General store located in Laurel, Mississippi. The property has a NNN Lease, leaving Zero Landlord Responsibilities. The lease is corporately guaranteed by Dollar General, Inc., which holds a credit rating of “BBB” and this is classified as investment grade. Dollar General has operated at this location since lease commencement in 2012, showing commitment to the site.

FOR SALE DETAILS

PRICE

$1,111,964 USD

PRICE/SF

$123 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

119K-12-05-002.41

ASK ABOUT THIS PROPERTY

Shelby SagmaniExclusive RealtyMore Info
248-833-6696

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Shelby SagmaniExclusive RealtyMore Info
248-833-6696

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