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DG Market 5152 US-98 10,630 SF Retail Building Summit, MS 39666 $2,875,482 CAD ($270.51 CAD/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN lease—No landlord responsibilities
- 5% rental escalations every five years
- Just off the Interstate 55 interchange (25,000 VPD)
- Dollar General Market property featuring the larger and highly desired prototype carrying additional grocery items such as fresh produce, refrigerated
- Proximity to several nationally recognized retailers—Walmart, Hobby Lobby, Lowe’s Home Improvement, Applebee’s Bar + Grill, Piggly Wiggly, Marathon, A
- 2024 construction
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,630 SF
Year Built
2024
Price
$2,875,482 CAD
Price Per SF
$270.51 CAD
Cap Rate
6.35%
NOI
$182,593 CAD
Tenancy
Single
Building Height
1 Story
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Dollar General
- -
- -
- -
- Apr 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Dollar General | - | - | - | Apr 2039 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 712819D | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $116,885 CAD |
PROPERTY TAXES
Parcel Number
712819D
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$116,885 CAD
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DG Market | 5152 US-98
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