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Investment Highlights

  • Absolute NNN Lease with ±12 Years Remaining and Zero Landlord Responsibilities
  • Attractive 7.50% Cap Rate with $118,579 Annual NOI
  • Investment-Grade BBB Credit Tenant with 21,000+ Locations Nationwide
  • Brand-New 2023 Build-to-Suit for Dollar General Corporation
  • Prime Highway 15 Location with ±12,993 Vehicles Per Day
  • Surrounded by National Tenants Including Walmart, Subway, and Taco Bell

Executive Summary

Broker of Record
Phillip Carpenter
License # C-11708, 8906 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
C
Year Built
2023
Price
$2,166,692 CAD
Price Per SF
$205.06 CAD
Cap Rate
7.50%
NOI
$162,502 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.18 AC
Frontage
408’ on Eastside Drive
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100

Nearby Major Retailers

BankPlus
Regions Bank

Property Taxes

Property Taxes

Parcel Number
069C-26-00-004.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$267,584 CAD
  • Listing ID: 40178832

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 820 Eastside Dr., Newton, MS 39345

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