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4018 MS-19
Meridian, MS 39301
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 2025 build-to-suit construction for Dollar General Market
- Attractive 5% increases every 5 years in the base term
- Strong average household income of $75,918
- ±15 year absolute NNN lease with zero landlord responsibilities
- Dollar General Market stores are DG’s grocery store concept and confirm that they are projecting a very large sale volume
- Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future
EXECUTIVE SUMMARY
Dollar General boasts an investment-grade credit rating of BBB (S&P)
Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
Broker of Record
Phillip Carpenter
License No. C-11708 (ms)
(866) 889-0550
Carpenter Properties, Inc.
1437 Old Square Road,
Suite 104 Jackson, MS 39211
Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
Broker of Record
Phillip Carpenter
License No. C-11708 (ms)
(866) 889-0550
Carpenter Properties, Inc.
1437 Old Square Road,
Suite 104 Jackson, MS 39211
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2024
Price
$2,690,190 CAD
Price Per SF
$295.63 CAD
Cap Rate
7.10%
NOI
$191,003 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
5.31 AC
Parking
36 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
640’ on Mississippi 19
PROPERTY TAXES
| Parcel Number | 053-07-0-0000-000-01700 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $26,703 CAD |
PROPERTY TAXES
Parcel Number
053-07-0-0000-000-01700
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$26,703 CAD
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