880 Lower Myrick Rd - Retail FOR SALE


Laurel, MS 39443
$1,971,549 USD
214-692-2927

NO PHOTO

$1,971,549 USD
Retail - FOR SALE
null | 7.1% Cap Rate

880 Lower Myrick Rd
Laurel, MS 39443


OVERVIEW

Brand new 2025 build-to-suit construction for Dollar General 15 Years Absolute NNN Lease – Zero Landlord Responsibilities Attractive 5% increases every 5 years in the base term 10-mile population in excess of 41,430 residents Corporately guaranteed lease from Dollar General Corporation Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future Dollar General boasts an investment-grade credit rating of BBB (S&P) 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

$1,971,549 USD

PRICE/SF

$185 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

38.5 AC

LAND SF

1,677,060 SF

ZONING

Commercial

APN/PARCEL ID

109-24-00-052.00

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 Policy.