8900 Oktoc Rd - Freestanding FOR SALE


Starkville, MS 39759
$2,385,408 USD
662-638-0722
8900 Oktoc Rd, Starkville, MS for Sale
$2,385,408 USD
Freestanding - FOR SALE
1/4
null | 6.25% Cap Rate

8900 Oktoc Rd
Starkville, MS 39759


HIGHLIGHTS

  • 15-Year NNN Lease with Five (5), Five (5) Year Options
  • 5% Increases Every 5 Years During Primary Term & Renewal Options
  • Corporate Guarantee by Dollar General Corporation
  • College Town (SEC)

OVERVIEW

Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing Dollar General located in Starkville, MS. The subject property has a 15-year, NNN lease with 5% increase every 5 years during the preliminary term and each option, and a rent commencement date of May 28, 2026. This Dollar General is ideally located along Oktoc Road, a primary North-South artery for southern Oktibbeha County. The store is situated just 2 miles south of Mississippi State University (MSU), a comprehensive, public land-grant research university and a founding member of the Southeastern Conference (SEC). Starkville’s economy is a unique blend of institutional stability and aggressive regional industrial growth. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. The Subject Property is ideally located along Oktoc Road, approximately 2-miles south of Mississippi State University’s campus. The Starkville Dollar General’s location captures a unique mix of student commuters, faculty, and long-term residents heading towards the University, as well as travelers heading toward the Noxubee National Wildlife Refuge, with limited immediate competition. The southern corridor along Oktoc Road and South Montgomery Street serves as the primary growth areas for high-end residential estates in Starkville. The Oktoc Water Association recently initiated significant water system improvements, including a new 300 GPM water production well specifically on Oktoc Road. Also, construction has begun on the extension connecting Artesia Road to Hail State Boulevard, a project that aims to dramatically improve the flow of traffic between the MSU campus and the Oktoc corridor. Starkville’s economy is anchored by Mississippi State University (“MSU”), providing a stable economic base with consistent population flow. MSU employees over 5,900 faculty and staff and supporting a student population of approximately 23,000+. Starkville is part of a three-county economic powerhouse called the Golden Triangle Link, that has seen over $12 billion in industrial investment over the last two decades. (Source: Google Gemini, MSU, GTR Link, Alumnus Magazine, City of Starkville.)

FOR SALE DETAILS

PRICE

$2,385,408 USD

PRICE/SF

$264 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Starkville, MS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

144-18-021.00

ASK ABOUT THIS PROPERTY

Brian PhillipsRandall Commercial Group, LLCMore Info
662-638-0722

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Brian PhillipsRandall Commercial Group, LLCMore Info
662-638-0722

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