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6352 Hwy 11 N
Picayune, MS 39466
Dollar General · Retail Property For Sale
Investment Highlights
- Built to Suit for Dollar General in 2018
- Absolute NNN Lease w/ No Landlord Obligations
- 10% Rent Increase at Each Option Renewal w/ (4) 5 Year Options to Renew
- 9 Years Remaining on Original 15 Year Lease
- Investment Credit S&P Rated "BBB" Corporate Guarantee Lease by Dollar General
- Strategically Located on US-11 next to the USPS Post Office and blocks away from Highland Community Hospital
Executive Summary
Built to Suit for Dollar General in 2018
9 Years Remaining on Original 15 Year Lease
Absolute NNN Lease w/ No Landlord Obligations
Investment Credit S&P Rated "BBB" Corporate Guarantee Lease by Dollar General
10% Rent Increase at Each Option Renewal w/ (4) 5 Year Options to Renew
Strategically Located on US-11 next to the USPS Post Office and blocks away from Highland Community Hospital
The Nearest Dollar General is 4 Miles North; Dollar General is the Only Market / Dollar Store in the 4 Mile Span
10,566 SF Building on 1.44 Acres
9 Years Remaining on Original 15 Year Lease
Absolute NNN Lease w/ No Landlord Obligations
Investment Credit S&P Rated "BBB" Corporate Guarantee Lease by Dollar General
10% Rent Increase at Each Option Renewal w/ (4) 5 Year Options to Renew
Strategically Located on US-11 next to the USPS Post Office and blocks away from Highland Community Hospital
The Nearest Dollar General is 4 Miles North; Dollar General is the Only Market / Dollar Store in the 4 Mile Span
10,566 SF Building on 1.44 Acres
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2018
Price
$2,331,880 CAD
Price Per SF
$220.70 CAD
Cap Rate
7%
NOI
$163,232 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.44 AC
Amenities
- 24 Hour Access
Property Taxes
| Parcel Number | 6-17-1-02-000-000-7702 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $174,993 CAD |
Property Taxes
Parcel Number
6-17-1-02-000-000-7702
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$174,993 CAD
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