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DG Market -- 13+ Years -- 5% Increases -- 1,700 Students

4793 Poticaw Bayou Rd, Vancleave, MS 39565

Listing Price: $2,432,640

Cap Rate
6.25%
Tenant Name
Dollar General Market
Years Remaining On Lease
13.3
Gross SF
10,566
Guarantor
Corporate Guarantee
Rentable SF
10,566
Price/Gross SF
$230.23
Lease Type
Absolute Net
Rent Per Square Feet
$14.39

Investment Overview

?Absolute Net (NNN) DG Market Investment With Zero Landlord Responsibilities, Ideally Located Along Poticaw Bayou Road, A Key Thoroughfare Serving The Area With More Than 2,200 Vehicles Passing Daily

Investment Highlights

  • ?Absolute Net (NNN) DG Market Investment With Zero Landlord Responsibilities, Ideally Located Along Poticaw Bayou Road, A Key Thoroughfare Serving The Area With More Than 2,200 Vehicles Passing Daily
  • Approximately 13.5 Years Remaining On The Base Lease Term, The Property Benefits From 5% Rent Increases Every Five Years, Delivering Long Term Income Security And Built In Growth To Help Off Inflation
  • ?Highly Desirable Competitive Position, The Subject Property Is The Only DG Market Or Dollar General Within A 4-Mile Radius, Creating A Captive Customer Base And Supporting Long Term Tenant Stability
  • TPositioned Within One Mile Of Three Highly Attended Schools, Vancleave Upper Elementary, Vancleave Lower Elementary, And Vancleave High, with Combined Enrollment Exceeding 1,740 Students, Helping Support Recurring Trafficenant Stability

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Financing By

Discount

DG Market -- 13+ Years -- 5% Increases -- 1,700 Students

Listing Price: $2,432,640

Cap Rate
6.25%
Tenant Name
Dollar General Market
Years Remaining On Lease
13.3
Gross SF
10,566
Guarantor
Corporate Guarantee
Rentable SF
10,566
Price/Gross SF
$230.23
Lease Type
Absolute Net
Rent Per Square Feet
$14.39

Investment Highlights

  • ?Absolute Net (NNN) DG Market Investment With Zero Landlord Responsibilities, Ideally Located Along Poticaw Bayou Road, A Key Thoroughfare Serving The Area With More Than 2,200 Vehicles Passing Daily
  • Approximately 13.5 Years Remaining On The Base Lease Term, The Property Benefits From 5% Rent Increases Every Five Years, Delivering Long Term Income Security And Built In Growth To Help Off Inflation
  • ?Highly Desirable Competitive Position, The Subject Property Is The Only DG Market Or Dollar General Within A 4-Mile Radius, Creating A Captive Customer Base And Supporting Long Term Tenant Stability
  • TPositioned Within One Mile Of Three Highly Attended Schools, Vancleave Upper Elementary, Vancleave Lower Elementary, And Vancleave High, with Combined Enrollment Exceeding 1,740 Students, Helping Support Recurring Trafficenant Stability

Investment Overview

?Absolute Net (NNN) DG Market Investment With Zero Landlord Responsibilities, Ideally Located Along Poticaw Bayou Road, A Key Thoroughfare Serving The Area With More Than 2,200 Vehicles Passing Daily

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

Financing By

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