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- LoopNet Team
8020 Highway 178
Byhalia, MS 38611
Kindercare/Dollar General Portfolio · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
ABOUT 8020 HIGHWAY 178 , BYHALIA, MS 38611
FORTIS NET LEASE is pleased to present a portfolio of seven Dollar General locations and six KinderCare learning centers with a total annual NOI of $1,183,680 and a cumulative asking price of $16,967,633 reflective of a 6.98% initial Cap Rate. With the pending 3% rent increases on the Dollar General income the actual Year One Cap Rate at full list price will exceed 7%. The total square footage of this offering is 115,948 reflecting a price per foot of only $146. The current owner prefers to sell all assets as one portfolio however he will consider selling the Kinder-Care properties separately.
PROPERTY TAXES
| Parcel Number | 257K-36-02400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $149,471 |
PROPERTY TAXES
