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Dollar General

20994 MS-50, West Point, MS 39773

Listing Price: $1,123,780

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
10.8
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$123.49
Lease Type
Absolute Net
Rent Per Square Feet
$8.34

Investment Overview

Marcus & Millichap is proud to offer for sale the fee simple, absolute NNN, corporate guaranteed Dollar General located in West Point, Mississippi. The original 15-year lease commenced in 2017 and runs through March 31, 2032. This lease calls for 10% rent increases in each of the five, 5/yr. options to extend. This site is positioned just 17 miles from Starkville, MS - home to Mississippi State University - and 5 miles West of downtown West Point, MS.

Investment Highlights

  • Dollar General is a BBB S&P Rated Company
  • Dollar General has 17,177 Stores | Across 46 States
  • Monopoly on Retail Sales West of West Point until Maben, MS | 27 Mile Spread
  • Nearest Dollar General to the West is Over 22 Miles Away
  • 2-Mile Population Exceeding 8,500

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Listing Price: $1,123,780

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
10.8
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$123.49
Lease Type
Absolute Net
Rent Per Square Feet
$8.34

Investment Highlights

  • Dollar General is a BBB S&P Rated Company
  • Dollar General has 17,177 Stores | Across 46 States
  • Monopoly on Retail Sales West of West Point until Maben, MS | 27 Mile Spread
  • Nearest Dollar General to the West is Over 22 Miles Away
  • 2-Mile Population Exceeding 8,500

Investment Overview

Marcus & Millichap is proud to offer for sale the fee simple, absolute NNN, corporate guaranteed Dollar General located in West Point, Mississippi. The original 15-year lease commenced in 2017 and runs through March 31, 2032. This lease calls for 10% rent increases in each of the five, 5/yr. options to extend. This site is positioned just 17 miles from Starkville, MS - home to Mississippi State University - and 5 miles West of downtown West Point, MS.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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