1305 Ellis AveJackson, MS 39204

This exceptional investment opportunity presents a single-tenant, 12,940-square-foot convenience store in Jackson, Mississippi. The property, located at 1305 Ellis Ave, Jackson, MS 39204, boasts a strong corporate guarantee from Dollar Tree, a nationally recognized brand, under a Net Net lease structure, minimizing landlord responsibilities. The lease commenced on July 30, 2013, and has a remaining term of approximately 0.2 years, with two five-year renewal options, each including a 10% rent increase. The property sits on a 0.62-acre lot and features a single, one-story building constructed in 1985, currently operating at 80% occupancy. The asking price is $1,311,913, representing a price per square foot of $101.38 and a compelling 6.90% capitalization rate based on a Net Operating Income (NOI) of $90,522. The property benefits from a high-traffic location, experiencing over 23,000 vehicles per day and serving a densely populated area with over 102,000 residents within a 5-mile radius. The property is zoned for commercial use. This is an ideal investment for those seeking a stable, high-return retail asset with a strong tenant and minimal management requirements.