Skip to main content

Discount

Dollar General

15135 Dedeaux Rd, Gulfport, MS 39503

Listing Price: $2,000,000

Cap Rate
8.25%
Tenant Name
Dollar General
Years Remaining On Lease
3.1
Gross SF
12,406
Guarantor
Corporate Guarantee
Rentable SF
12,406
Price/Gross SF
$161.21
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.30

Investment Overview

The subject property is a 12,406-square-foot, single tenant Dollar General situated on
approximately 2.0 acres in Gulfport, Mississippi. The original 15-year lease expires in
2028 and has 10 percent rental increases in options.

Investment Highlights

  • 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 - Population of 426,793 within the Gulfport, Biloxi and Pascagoula MSA
  • Dollar General is an Investment Grade Tenant

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Financing By

Discount

Dollar General

Listing Price: $2,000,000

Cap Rate
8.25%
Tenant Name
Dollar General
Years Remaining On Lease
3.1
Gross SF
12,406
Guarantor
Corporate Guarantee
Rentable SF
12,406
Price/Gross SF
$161.21
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$13.30

Investment Highlights

  • 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 - Population of 426,793 within the Gulfport, Biloxi and Pascagoula MSA
  • Dollar General is an Investment Grade Tenant

Investment Overview

The subject property is a 12,406-square-foot, single tenant Dollar General situated on approximately 2.0 acres in Gulfport, Mississippi. The original 15-year lease expires in 2028 and has 10 percent rental increases in options.

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

Financing By

MM Texture Background
MM Textured Background Lower