4793 Poticaw Bayou Rd - Supermarket FOR SALE


Vancleave, MS 39565
$2,156,596 USD
214-692-2927
4793 Poticaw Bayou Rd, Vancleave, MS for Sale
$2,156,596 USD
Supermarket - FOR SALE
1/1
null | 7.05% Cap Rate

4793 Poticaw Bayou Rd
Vancleave, MS 39565


HIGHLIGHTS

  • Dollar General boasts an investment grade credit rating of BBB (S&P)
  • Dollar General has ±19,600 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Dollar General has a market cap of ±$30 billion

OVERVIEW

2024 Built to Suit Construction for Dollar General. Larger ±10,566 square foot prototype. 5% increases every 5 years in the base term, providing an excellent hedge against inflation. Extremely strong corporately guaranteed lease. Less than ±20 miles north of Biloxi, MS. 10 mile population in excess of 41,287 residents. Healthy average household income of $118,194.

FOR SALE DETAILS

PRICE

$2,156,596 USD

PRICE/SF

$204 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,739 SF

ZONING

C

APN/PARCEL ID

0-23-09-550.000

ASK ABOUT THIS PROPERTY

Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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