Discount
AUCTION - Dollar General
15135 Dedeaux Rd, Gulfport, MS 39503
Starting Bid: $500,000
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2863
Marcus & Millichap is pleased to present a single-tenant Dollar General located at 15135 Dedeaux Road in Gulfport, Mississippi. This 12,406-square-foot retail property was constructed in 2013 and sits on a 2-acre parcel.
The asset is 100% occupied under an absolute triple-net (NNN) lease, which commenced in August 2013 and runs through July 31, 2028. The lease includes five five-year renewal options, each featuring 10% rental increases. Backed by a corporate guarantee, Dollar General is an investment-grade tenant with over 20,000 locations nationwide.
Strategically located in Gulfport—the second-largest city in Mississippi and part of a metro area with over 400,000 residents—the property benefits from strong demographics and a diverse economy supported by military installations, healthcare, and the seafood industry.
AUCTION - Dollar General
Investment Highlights
- AUCTION—December 8-10 | Starting Bid: $500,000
- Large Format Store: 12,406 Square Feet on 2-Acre Lot
- Absolute Net Lease Investment with 10% Rental Increases in Options
- Gulfport is the Second Largest City in Mississippi, with a Population of 426,793 within the Gulfport, Biloxi and Pascagoula MSA
- Dollar General is an investment-grade tenant.
Auction Advisors
Broker of Record
Financing By
Starting Bid: $500,000
Investment Highlights
- AUCTION—December 8-10 | Starting Bid: $500,000
- Large Format Store: 12,406 Square Feet on 2-Acre Lot
- Absolute Net Lease Investment with 10% Rental Increases in Options
- Gulfport is the Second Largest City in Mississippi, with a Population of 426,793 within the Gulfport, Biloxi and Pascagoula MSA
- Dollar General is an investment-grade tenant.
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2863 Marcus & Millichap is pleased to present a single-tenant Dollar General located at 15135 Dedeaux Road in Gulfport, Mississippi. This 12,406-square-foot retail property was constructed in 2013 and sits on a 2-acre parcel. The asset is 100% occupied under an absolute triple-net (NNN) lease, which commenced in August 2013 and runs through July 31, 2028. The lease includes five five-year renewal options, each featuring 10% rental increases. Backed by a corporate guarantee, Dollar General is an investment-grade tenant with over 20,000 locations nationwide. Strategically located in Gulfport—the second-largest city in Mississippi and part of a metro area with over 400,000 residents—the property benefits from strong demographics and a diverse economy supported by military installations, healthcare, and the seafood industry.
Auction Advisors
Broker of Record
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.