Dollar General

$1,677,285

6352 U.S. 11, Picayune, MS 39466

For Sale

Retail Street Retail

Active

Last Updated: 11/12/2024

Cap Rate: 7%

NOI: $117,410.40

Building Size: 10,566 sqft

Lot Area: 1.44 acres

Occupancy: 100%

Units: 1

Year Built: 2018

Offered by

Encore Real Estate Investment Services

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Danny Samona

Senior Director

Encore Real Estate Investment Services

#6501387591

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Built to Suit for Dollar General in 2018
9 Years Remaining on Original 15 Year Lease
Absolute NNN Lease w/ No Landlord Obligations
Investment Credit S&P Rated "BBB" Corporate Guarantee Lease by Dollar General
10% Rent Increase at Each Option Renewal w/ (4) 5 Year Options to Renew
Strategically Located on US-11 next to the USPS Post Office and blocks away from Highland Community Hospital
The Nearest Dollar General is 4 Miles North; Dollar General is the Only Market / Dollar Store in the 4 Mile Span
10,566 SF Building on 1.44 Acres