Jackson, MS - Family Dollar
$1,079,000
2019 Raymond Rd, Jackson, MS 39204
For Sale
Retail
Active
Last Updated: 03/11/2026
7.4
Cap Rate
79,833
NOI
Details:
Cap Rate: 7.4%
NOI: $79,833
Building Size: 8,000 sqft
Lot Area: 1.12 acres
Year Built: 2003
Zoning: C-2 Limited Commercial
Description:
• Approx. 4.5 Years remaining on the lease, with 2 (5-Year) options to extend
• The lease features 10% rental increases at the beginning of each options period, steadily growing NOI and hedging against inflation
• The subject property is located along Raymond Road (9,000 VPD) near its intersection with McDowell Road Ext (7,500 VPD), providing strong visibility and access
• The property benefits from proximity to national and regional retailers including CVS, Burger King, Sonic etc. promoting crossover shopping to the subject property
• Nearby apartment communities including Creekside Apartments and Woodville Plaza Apartments provide a built-in residential customer base
Location
Gallery