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6352 Hwy 11 N
Picayune, MS 39466

Dollar General · Retail Property For Sale

Retail Buildings Mississippi Picayune 6352 Hwy 11 N, Picayune, MS 39466

INVESTMENT HIGHLIGHTS

  • Built to Suit for Dollar General in 2018
  • Absolute NNN Lease w/ No Landlord Obligations
  • 10% Rent Increase at Each Option Renewal w/ (4) 5 Year Options to Renew
  • 9 Years Remaining on Original 15 Year Lease
  • Investment Credit S&P Rated "BBB" Corporate Guarantee Lease by Dollar General
  • Strategically Located on US-11 next to the USPS Post Office and blocks away from Highland Community Hospital

EXECUTIVE SUMMARY

Built to Suit for Dollar General in 2018
9 Years Remaining on Original 15 Year Lease
Absolute NNN Lease w/ No Landlord Obligations
Investment Credit S&P Rated "BBB" Corporate Guarantee Lease by Dollar General
10% Rent Increase at Each Option Renewal w/ (4) 5 Year Options to Renew
Strategically Located on US-11 next to the USPS Post Office and blocks away from Highland Community Hospital
The Nearest Dollar General is 4 Miles North; Dollar General is the Only Market / Dollar Store in the 4 Mile Span
10,566 SF Building on 1.44 Acres

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2018
Price
$1,677,286
Price Per SF
$158.74
Cap Rate
7%
NOI
$117,410
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.44 AC

AMENITIES

  • 24 Hour Access

LINKS

 

  • Listing ID: 33365262

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 6352 Hwy 11 N, Picayune, MS 39466

The Retail Property at 6352 Hwy 11 N, Picayune, MS 39466 is currently available for sale. Contact Encore Real Estate Investment Services for more information.

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