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Family Dollar 3140 W Northside Dr 9,180 SF Retail Building Jackson, MS 39213 $1,954,288 CAD ($212.89 CAD/SF) 6.79% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Excellent strategic location
  • Excellent year over year performance
  • Relatively new store, built in 2020
  • 10 year Initial lease term with 6, 5 year options with bumps!

EXECUTIVE SUMMARY

Conveniently located in an easily accessible part of Jackson MS, close to
interstate 220, immediately adjacent to the largest single family home
cluster in the city, this 9,180 SF Family Dollar Location was built in 2020, and
as of 2025 is halfway through an initial lease term of 10 years, with 6
additional remaining options of 5 years each, with increases averaging
4.33% each year.
The in-store convenience, price advantage, and strategically chosen, more
convenient location of Family Dollar stores make them uniquely strong
assets in the retail sector, especially in today’s environment of rising costs
for everyday consumer goods. They consistently fill a void that is often
created by the increased popularity of big box stores that have a much
longer in/out time, ask higher prices for equivalent goods, and mean more
travel time for consumers. Shoppers from all income brackets have
historically taken full advantage of the lower prices and convenience offered
by this particular retail model for household necessities, non-perishables,
cleaning supplies, and much more.
Family Dollar currently maintains over 7,500 locations throughout the
country, and has recently redoubled its focus on its most productive and
successful locations, strategically opening and closing stores as
demographics evolve and stores age out of service, to be replaced by new
locations. This location is part of a long-term commitment by Family Dollar
Corporate to Jackson, MS market, and is well-positioned to provide any
retail investor with stable cash flow for years to come.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $132,752 $14.46

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $132,752
Annual Per SF $14.46

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
A
Year Built
2020
Price
$1,954,288 CAD
Price Per SF
$212.89 CAD
Cap Rate
6.79%
NOI
$132,752 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.99 AC
Zoning
C-3
Parking
23 Spaces (2.51 Spaces per 1,000 SF Leased)
Frontage
314’ on W Northside Dr

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Family Dollar est un endroit idéal pour faire du magasinage lorsqu'il s'agit de livrer qualité et valeur sur les articles essentiels de la famille dans un endroit pratique. Leurs magasins sont idéalement situés dans des quartiers, et souvent dans des « déserts alimentaires » où d'autres magasins choisissent de ne pas s'installer, offrant une option pratique et proche de chez eux où les clients peuvent acheter des produits essentiels. En installant des magasins dans des endroits où d'autres ne le veulent pas, Family Dollar améliore l'abordabilité et la disponibilité des produits essentiels. Ils font gagner du temps et de l'argent à leurs clients et les aident à faire plus, même avec un budget serré. Leurs magasins Family Dollar se concentrent sur la fourniture d'articles essentiels pour la famille à un rapport qualité-prix supérieur. Ils offrent des marques nationales à prix compétitifs provenant de grands fabricants ainsi que des marques privées de valeur équivalente et à prix inférieur. Leurs allées sont pleines de nourriture et de boissons, de produits en papier, de fournitures de santé et de beauté, d'aliments pour animaux de compagnie, de produits pour la maison, de vêtements et d'accessoires, etc.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0731-0009-000
Land Assessment
$1,603 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$1,603 CAD (2025)
  • Listing ID: 38397098

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: 3140 W Northside Dr, Jackson, MS 39213

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