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11060 Highway 16 E
Philadelphia, MS 39350
 Dollar General Market · Retail Property For Sale

Retail Buildings Mississippi Philadelphia 11060 Highway 16 E, Philadelphia, MS 39350

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INVESTMENT HIGHLIGHTS

  • Excellent frontage along HWY 16
  • Dollar General has ±19,500 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Northeast of Jackson- the capital of MS
  • Dollar General boasts an investment-grade credit rating of BBB (S&P)

EXECUTIVE SUMMARY

Brand new 2024 build-to-suit construction for Dollar General Market. 15 Years Absolute NNN Lease – Zero Landlord Responsibilities. Attractive 5% increases every 5 years for the life of the lease. Dollar General Market stores are DG’s grocery store concept and confirm that they are projecting a large sale volume. Corporately guaranteed lease from Dollar General Corporation.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,687 SF
Building Class
B
Year Built
2024
Price
$3,103,456 CAD
Price Per SF
$244.62 CAD
Cap Rate
7.10%
NOI
$220,345 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
4.65 AC
Zoning
C - Commercial
 

  • Listing ID: 33463400

  • Date on Market: 2024-10-09

  • Last Updated:

  • Address: 11060 Highway 16 E, Philadelphia, MS 39350

The Retail Property at 11060 Highway 16 E, Philadelphia, MS 39350 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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