2365 Highway 15 - Freestanding FOR SALE


Woodland, MS 39776
$953,792 USD
402-413-8527
2365 Highway 15, Woodland, MS for Sale
$953,792 USD
Freestanding - FOR SALE
1/2
null | 7.8% Cap Rate

2365 Highway 15
Woodland, MS 39776


OVERVIEW

TOUCHSTONE COMMERCIAL PARTNERS is pleased to offer for sale a Dollar General Store located in Woodland, Mississippi. This property has an absolute NNN with zero landlord responsibilities. The lease runs through April 2032 with five 5-year renewal options and 10% rent increase each renewal option. The lease is guaranteed by Dollar General Corporation which operates over 20,000 stores and has an impressive S&P investment-grade rating of BBB. With close economic ties to nearby Tupelo (birthplace of the legendary Elvis Presley), Woodland town benefits from a diverse economy rooted in agriculture, manufacturing, retail trade and healthcare. Key employers include Cooper Tire & Rubber Company, Toyota Motor Manufacturing and North Mississippi Health Services, one of the largest non-metropolitan health systems in the country with over 7,200 employees. Nearby the Tombigbee National Forest offers expansive areas perfect for hiking, camping, and connecting with nature. Broker of Record Bang Realty-Mississippi Inc, Lic #21543

FOR SALE DETAILS

PRICE

$953,792 USD

PRICE/SF

$105 USD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

-

APN/PARCEL ID

0-146-13-013.00

ASK ABOUT THIS PROPERTY

Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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