7378 Highway 489 - Storefront Retail/Office FOR SALE


Conehatta, MS 39057
$1,525,566 USD
214-692-2927
7378 Highway 489, Conehatta, MS for Sale
$1,525,566 USD
Storefront Retail/Office - FOR SALE
1/3
null | 7.25% Cap Rate

7378 Highway 489
Conehatta, MS 39057


HIGHLIGHTS

  • 2024 build-to-suit construction for Dollar General
  • Store was completely rebuilt in 2024 following a fire
  • ±13.75 Years remaining on a 15 year Absolute NNN Lease – Zero Landlord Responsibilities
  • Attractive 7.05% cap in today’s competitive market

OVERVIEW

10 mile population in excess of 13,294 residents. 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.

FOR SALE DETAILS

PRICE

$1,525,566 USD

PRICE/SF

$143 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

14.6 AC

LAND SF

635,976 SF

ZONING

C

APN/PARCEL ID

017R-21-00-009.00

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.