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23869273
23869274

11150 MS-363, Mantachie, MS 38855

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$1,978,746
372 days on market
Updated 20 days ago

Dollar General | Mantachie, MS (Hwy 363)

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,566
Net Rentable (SqFt) 10,566
Units 1
Cap Rate 6.7%
NOI $132,576
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 5
Price per SqFt $187
Year Built 2025
Buildings 1
Stories 1
Acreage 2.000
Parking Spaces 35 spaces
Parking Per SqFt 3.31
Investment Type Net Lease

Retail | 6.70% CAP | 10,566 SqFt

Marketing description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand-new, free-standing Dollar General located along Highway 363 in Mantachie, MS. The Subject Property has a 15-year, NNN lease with 5% rental increases every 5-years. The Mantachie Dollar General has an estimated delivery date of September 2025. The store is located along Highway 363 between Mantachie and Saltillo. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

The Subject Property is located along Highway 363 between Mantachie and Saltillo. Mantachie, MS is a town in Itawamba County, located approximately 14 miles northeast of Tupelo, MS via the main thoroughfare of I-22. Itawamba County is located on the Alabama-Mississippi border in the northeastern part of the state, approximately halfway between Memphis, TN and Birmingham, AL.

Investment highlights

  • 15-year, NNN Lease

  • 5% rental increases every 5-years during the initial term and renewal options

  • Estimated Delivery Date is September 2025

  • Located on Hwy 363 between Mantachie and Saltillo

  • Mantachie is part of the Tupelo MSA

  • Tupelo is a manufacturing hub for furniture and automobiles

Listing Contacts

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$132,576.00
$11,048.00/mo

Valuation Metrics

0
DSCR
6.7%
Cap Rate
6.7%
ROI

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