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820 Eastside Dr. 10,566 SF Retail Building Newton, MS 39345 $2,166,692 CAD ($205.06 CAD/SF) 7.50% Cap Rate



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
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
Property Taxes
| Parcel Number | 069C-26-00-004.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $267,584 CAD |
Property Taxes
Parcel Number
069C-26-00-004.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$267,584 CAD
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820 Eastside Dr.
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