4018 Ms-19 Meridian, MS 39301
Mississippi Dollar General Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- $1,951,775 asking price for a Net Lease retail property.
- Absolute NNN lease with a credit-rated, corporate-guaranteed tenant (Dollar General, Dollar Tree, Family Dollar).
- 10,566 square feet on a 2-acre lot, built in 2024, with 100% occupancy.
- 15-year lease commencing January 15, 2025, and expiring January 31, 2040, including five 5-year options with 5% rent bumps every 5 years.
- $138,576 Net Operating Income (NOI) yielding a 7.10% cap rate.
- Located at 4018 MS-19, Meridian, MS 39301.
Property Details for 4018 Ms-19
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 10,566 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 87,120 SF
Location Insight
- City
- Meridian
- County
- Lauderdale
- State
- Mississippi
- Latitude
- 32.291427086882
- Longitude
- -88.501175765815
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Mississippi Dollar General Investment
- Where is the retail property located?
- The property is located at 4018 Ms-19 Meridian, MS.
- What is the asking price?
- The asking price for this property is $1,951,775.
- What are key features of this property?
- This property features: $1,951,775 asking price for a Net Lease retail property.; Absolute NNN lease with a credit-rated, corporate-guaranteed tenant (Dollar General, Dollar Tree, Family Dollar).; 10,566 square feet on a 2-acre lot, built in 2024, with 100% occupancy.
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