204 Main st - Retail FOR SALE


Nettleton, MS 38858
$1,864,631 USD
925-231-1770
204 Main st, Nettleton, MS for Sale
$1,864,631 USD
Retail - FOR SALE
1/2
null | 7.45% Cap Rate

204 Main st
Nettleton, MS 38858


HIGHLIGHTS

  • New 10 Year Net Leased Dollar Tree
  • Minimal Landlord Obligations
  • Corporate Guarantee
  • Scheduled Increases in Rent
  • Well Located along Main St (6,000+ VPD)
  • Nearby Highway Access into Tupelo

OVERVIEW

This is the opportunity to purchase a new 10 year net leased Dollar Tree in Nettleton, Mississippi. The lease calls for minimal landlord obligations and is corporately guaranteed. The tenant has four, 5 year options to renew with scheduled rental increases in each option. The subject is well located along along Main Street with exposure to over 6,000 vehicles per day and nearby Highway 278 with direct access into the City of Tupelo. The site is less than a mile from the Nettleton School District (3 schools and 1,162 students) and neighbors various businesses in the area. In Association with ParaSell, Inc. | A Licensed Mississippi Broker #23372

FOR SALE DETAILS

PRICE

$1,864,631 USD

PRICE/SF

$178 USD /SF

CAP RATE

7.45%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Year Net Leased Dollar Tree

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,812 SF

ZONING

-

APN/PARCEL ID

147G-25-088-00

ASK ABOUT THIS PROPERTY

Jacob AbusharkhThe Kase GroupMore Info
925-231-1770

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Jacob AbusharkhThe Kase GroupMore Info
925-231-1770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.