1403 Ms-540Mendenhall, MS 39114
Mississippi Retail Property, Strong NOI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- $1,258,286 asking price for a 9,237 SF Dollar General in Mendenhall, MS.
- Absolute NNN lease with 11 years remaining, plus four 5-year options with 10% rent increases.
- Corporate guarantee from Dollar General (BBB credit rating).
- 7.35% cap rate and $92,484 annual NOI.
- 1.55-acre lot, built in 2020, 100% occupancy.
- Strong demographics: 17,965 population and $67,878 average household income within a 10-mile radius.
Property Details for 1403 Ms-540
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 9,237 SF
- Year Built
- 2020
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 67,518 SF
- Units
- 1
Location Insight
- City
- Mendenhall
- County
- Simpson
- State
- Mississippi
- Latitude
- 31.9731683
- Longitude
- -89.754194
Nearby Similar for Sale
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