8522 US Highway 98 - Freestanding FOR SALE


Sumrall, MS 39482
$1,609,052 USD
214-692-2927
8522 US Highway 98, Sumrall, MS for Sale
$1,609,052 USD
Freestanding - FOR SALE
1/3
null | 7.25% Cap Rate

8522 US Highway 98
Sumrall, MS 39482


HIGHLIGHTS

  • 2022 Built to Suit Construction for Dollar General
  • Five, 5 year options, all of which include a 10% rent increase
  • 10 mile population of ±16,357 residents
  • Average growth of 1.8% annually since 2010
  • Limited competition – there is no other discount retailer in Sumrall
  • Dollar General boasts an investment grade credit rating of BBB (S&P)

OVERVIEW

Broker of Record Phillip Carpenter License No. C-11708 (MS) (866) 889-0550 Carpenter Properties, Inc. 1437 Old Square Road, Suite 104 Jackson, MS 39211

FOR SALE DETAILS

PRICE

$1,609,052 USD

PRICE/SF

$151 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR GENERAL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,640 SF

ZONING

Retail

APN/PARCEL ID

156 -23-038.000

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.