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29527083
29527084

2 Co Rd 5123, Booneville, MS 38829

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$1,953,564
132 days on market
Updated 16 days ago

Dollar General | Booneville, MS

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,100
Net Rentable (SqFt) 9,100
Units 1
Cap Rate 6.65%
NOI $129,912
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 02/28/2041
Remaining Term 14.7
Rent Bumps Yes
Lease Options 5
Price per SqFt $215
Year Built 2026
Buildings 1
Stories 1
Acreage 2.970
Parking Spaces 31 spaces
Parking Per SqFt 3.41
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/17/2026
Occupancy Date 02/17/2026

Retail | 6.65% CAP | 9,100 SqFt

Marketing description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in Booneville, MS. The subject property has a 15-year, NNN lease with 5% increases every 5 years during the preliminary term and each option, and a rent commencement date of February 17, 2026. This Dollar General is ideally located at the corner of CR 5123 and CR 5008, just off MS Highway 30 on the south-side of Booneville. Booneville is a city located in the northeastern corner of Mississippi, serving as the county seat of Prentiss County, and is situated between Corinth, MS (+/- 25 miles) and Tupelo, MS (30 miles). Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

The Subject Property is ideally located at the corner of CR 5123 and CR 5008, just off MS Highway 30 on the south-side of Booneville. The Booneville Dollar General is surrounded by main state and US highways in the region, such as US Route 45, MS Highway 30, and MS Highway 4. Booneville is a city located in the northeastern corner of Mississippi, serving as the county seat of Prentiss County. It is often nicknamed "The City of Hospitality" because it embodies the spitit of “southern hospitality.” Booneville is home to Northeast Mississippi Community College (NEMCC), a significant educational and economic anchor for the area, and is one of the certified retirement cities in Mississippi. Key Industries in Booneville include manufacturing, healthcare (anchored by Baptist Memorial Hospital-Booneville), education, and retail. Booneville's location places it relatively close to several key regional cities in surrounding states - Tupelo, MS, +/- 30 miles to the south; Corinth, MS, +/- 25 miles to the north; Memphis, TN +/- 117 miles to the northwest; and Birmingham, AL, +/- 151 miles to the southeast. (Sources www.visitbooneville.com; Wikipedia; Google Gemini)

Investment highlights

  • NNN Single Tenant Investment Opportunityl

  • 15-Year Lease with Five (5), Five (5) Year Options

  • 5% Increases Every 5 Years During Primary Term & Renewal Options

  • Corporate Guarantee by Dollar General Corporation

  • The property is ideally located at the corner of CR 5123 and CR 5008, just off MS Highway 30 on the south-side of Booneville

  • Booneville is often nicknamed "The City of Hospitality”

  • Them Booneville economy is primarily driven by manufacturing, transportation/logistics, and the education/healthcare sectors

  • Manufacturing is the largest sector, with a diverse base that includes food processing, furniture, metal fabrication, plastics, and advanced manufacturing

  • The city benefits from its direct access to U.S. Route 45 and the Kansas City Southern Rail, making logistics a significant employment sector

  • The largest employers include Plumrose USA, Northeast Mississippi Community College (NEMCC), and Baptist Memorial Hospital.

  • Sources: nemcc.edu, baptistonline.org; Wikipedia; visitbooneville.com; Google Gemini

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
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Annual Debt Service
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Annual Cash Flow
$129,912.00
$10,826.00/mo

Valuation Metrics

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DSCR
6.65%
Cap Rate
6.65%
ROI

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