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Jackson, MS - Family Dollar

$1,079,000

2019 Raymond Rd, Jackson, MS 39204

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

Map:
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