9067 Highway 19Collinsville, MS 39325

For Sale
$2,057,601
Dollar Tree Net Lease, MS

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a 10,000 square foot Dollar Tree storefront located at 9067 Hwy 19 North, Collinsville, MS 39325. The property boasts a new, 10-year net lease with a corporate guarantee, minimizing landlord responsibilities. The lease includes six, five-year renewal options, ensuring long-term income stability. Scheduled rent increases are built into the lease, providing consistent growth potential. The asking price is $2,057,601, representing a compelling 6.25% capitalization rate based on a current Net Operating Income (NOI) of $128,600. This strategically located retail space benefits from high visibility on Highway 19 and convenient access points. The building is a new construction, further enhancing its appeal. This is an ideal investment for those seeking a secure, low-maintenance, and high-return retail property with a nationally recognized tenant. The property's location in Lauderdale County, Mississippi offers a strong market for retail businesses. The lease's structure and the tenant's financial strength make this a particularly attractive opportunity for long-term passive income generation.

Highlights

  • 10-Year Net Lease to Dollar Tree.
  • Low Landlord Responsibilities.
  • Strong Corporate Guarantee.
  • Built-in Rent Increases.
  • Brand New Construction.
  • High Visibility Location.

Property Details for 9067 Highway 19

Property type
Retail properties, Retail space
Square Feet
10,000 SF

Location Insight

City
Collinsville
County
Lauderdale
State
Mississippi
Latitude
32.5549683
Longitude
-88.8838834
9067 Highway 19, Collinsville, Mississippi

FAQs

What type of property is this?
Retail property - Dollar Tree Net Lease, MS
Where is the retail property located?
The property is located at 9067 Highway 19 Collinsville, MS.
What is the asking price?
The asking price for this property is $2,057,601.
What are key features of this property?
This property features: 10-Year Net Lease to Dollar Tree.; Low Landlord Responsibilities.; Strong Corporate Guarantee.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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9067 Highway 19
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