Net-Leased Family Dollar
$897,000
600 E Monticello St, Brookhaven, MS 39601
8.24
Cap Rate
73,921.08
NOI
Details:
Highlights:
- NN Lease Structure
- Minimal Landlord Responsibilities
- Recent Lease Extension
Description:
NAI UCR Properties is pleased to offer for sale a single-tenant, net-leased Family Dollar located at 600 E Monticello Street, Brookhaven, MS 39601. Delivered in 2013 as a build-to-suit, this 8,320-square-foot freestanding property has been exceptionally maintained and features minimal landlord responsibilities. Underscoring their long-term commitment to the site, Family Dollar recently exercised a lease extension, ensuring stable, passive income secured by a nationally recognized tenant. With built-in rent increase potential through future lease renewals, this asset represents a strong addition to any retail-focused investment portfolio seeking reliable cash flow and long-term upside.
Located in the heart of Brookhaven, Mississippi, the subject property benefits from excellent accessibility and visibility in a well-established commercial corridor. Positioned just over a mile from Interstate 55, the site offers convenient regional connectivity and strong traffic counts, ideal for a national retailer like Family Dollar. The property is also situated less than half a mile from Brookhaven High School, drawing consistent foot traffic from students, faculty, and local families throughout the day. Surrounding the site is a dense concentration of residential neighborhoods, providing a strong and stable customer base within walking and short driving distance. This combination of nearby rooftops, educational institutions, and interstate access positions the property to serve both local residents and commuters alike, reinforcing its long-term retail viability.
Documents:
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Offering_Memorandum.pdf |
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