Listed by NAI UCR Properties
$897,000
Net-Leased Family Dollar
Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 8,320
Net Rentable (SqFt) 8,320
Cap Rate 8.24%
NOI $73,921
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Term 16
Lease Expiration 06/30/2030
Remaining Term 3.9
Rent Bumps Yes
Lease Options 6, 6-year Options
Price per SqFt $108
Class B
Year Built 2014
Acreage 0.830
Investment Type Net Lease
Lease Commencement 07/01/2014
Ground Lease No
Sale Condition For sale by owner
NN Family Dollar | 8.24% CAP
Marketing description
NAI UCR Properties is pleased to offer for sale a single-tenant, net-leased Family Dollar
located at 600 E Monticello Street, Brookhaven, MS 39601. Delivered in 2014 as a build-
to-suit, this 8,320-square-foot freestanding property has been exceptionally maintained
and features minimal landlord responsibilities. Underscoring their long-term commitment
to the site, Family Dollar recently exercised a lease extension, ensuring stable, passive
income secured by a nationally recognized tenant. With built-in rent increase potential
through future lease renewals, this asset represents a strong addition to any retail-
focused investment portfolio seeking reliable cash flow and long-term upside.
Listing Contacts
Listed by NAI UCR Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,921.00
$6,160.08/mo
Valuation Metrics
0
DSCR
8.24%
Cap Rate
8.24%
ROI
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