420 Archusa ave - Freestanding FOR SALE


Quitman, MS 39355
$1,733,200 USD
925-231-1770
420 Archusa ave, Quitman, MS for Sale
$1,733,200 USD
Freestanding - FOR SALE
1/2
null | 7.5% Cap Rate

420 Archusa ave
Quitman, MS 39355


HIGHLIGHTS

  • New 10 Year Net Leased Family Dollar
  • Brand New Hybrid Store Concept
  • Minimal Landlord Obligations
  • Corporate Guarantee
  • Additional Income from Billboard on Property
  • New Construction

OVERVIEW

This is the opportunity to purchase a newly constructed 10 year net leased Family Dollar in Quitman, Mississippi. The lease calls for minimal landlord obligations. The tenant has four, 5-year options to renew with scheduled increases in rent at each option. This building is the latest dual branded format store offering both Family Dollar/Dollar Tree merchandise with a projected opening in late Q4 2023. The site is well located along Mississippi Highway 145 with excellent ingress & egress points and exposure to 8,954 vehicles per day from nearby roads. The store also benefits from its close proximity to national retailers including Hardee's, Ace Hardware, McDonald's, Advance Auto Parts, Hammack Drug Store, First State Bank and more. In Association with ParaSell, Inc. | A Licensed Mississippi Broker #23372

FOR SALE DETAILS

PRICE

$1,733,200 USD

PRICE/SF

$165 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar/Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

-

APN/PARCEL ID

099A-02-08-003.00

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.