4135 Highway 44 - Retail FOR SALE


Summit, MS 39666
$1,441,125 USD
214-692-2289
4135 Highway 44, Summit, MS for Sale
$1,441,125 USD
Retail - FOR SALE
1/2
null | 8% Cap Rate

4135 Highway 44
Summit, MS 39666


HIGHLIGHTS

  • 2023 build to suit for Family Dollar Tree
  • ±9.25 years remaining on an initial 10-year lease
  • Corporately guaranteed lease
  • Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
  • Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
  • The subject property comes with a 20-year roof warranty

OVERVIEW

BROKER OF RECORD PHILLIP CARPENTER LIC # C-11708 (MS) Carpenter Properties, Inc. 1437 Old Square Road, Suite 104 Jackson, MS 39211

FOR SALE DETAILS

PRICE

$1,441,125 USD

PRICE/SF

$137 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Tree

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

-

APN/PARCEL ID

901484-D

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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