63420 Highway 25 N - Retail FOR SALE


Smithville, MS 38870
$1,514,820 USD
214-692-2927
63420 Highway 25 N, Smithville, MS for Sale
$1,514,820 USD
Retail - FOR SALE
1/1
null | 7.15% Cap Rate

63420 Highway 25 N
Smithville, MS 38870


HIGHLIGHTS

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

OVERVIEW

2022 build-to-suit construction for Dollar General. Extremely high quality UPGRADED construction (no metal sides). ±13.5 years remaining on a 15 year Absolute NNN Lease – Zero Landlord Responsibilities. Limited Competition- subject property is the only dollar store in Smithville. 10 mile population in excess of ±16,498 residents.

FOR SALE DETAILS

PRICE

$1,514,820 USD

PRICE/SF

$143 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.21 AC

LAND SF

139,633 SF

ZONING

C

APN/PARCEL ID

183D-06-003-009.00

ASK ABOUT THIS PROPERTY

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.

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.