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Dollar General 62974 Highway 25 N 10,566 SF Retail Building Amory, MS 38821 $2,115,047 CAD ($200.17 CAD/SF) 7% Cap Rate
Investment Highlights
- 2022 build-to-suit construction for Dollar General
- ±13.5 years remaining on a 15 year Absolute NNN Lease – Zero Landlord Responsibilities
- Extremely high quality UPGRADED construction (no metal sides)
- Limited Competition- subject property is the only dollar store in Smithville
Executive Summary
10 mile population in excess of ±16,498 residents. Corporately guaranteed lease from Dollar General Corporation. Dollar General has ±19,600 locations and plans to continue their expansion for the foreseeable future. Dollar General boasts an investment-grade credit rating of BBB (S&P) and Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,566 SF
Year Built
2022
Price
$2,115,047 CAD
Price Per SF
$200.17 CAD
Cap Rate
7%
NOI
$148,053 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.24 AC
Zoning
C - Commercial
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Contacts
-
Scotty Latimer -
Brett Baumgartner -
Josh Bishop -
Matthews Real Estate Investment Services
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Dollar General | 62974 Highway 25 N
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