Family Dollar
Net Leased Offering | 9.00% CAP | Corporate Guarantee
Marketing description
The Kase Group is pleased to oer the opportunity to acquire a newly-leased Family Dollar
property located at 4135 Mississippi 44 in Summit, Mississippi. This 10,500 square foot, single tenant
retail property is leased on a 10-year net lease (NN), offering minimal landlord obligations.
The lease is backed by a corporate guarantee from Family Dollar.
Strategically situated on Highway 44, the property benefits from excellent visibility and easy
access to surrounding areas, enhancing its appeal to both consumers and investors. Summit, MS,
is an established retail hub, and the Family Dollar store contributes to the growing demand for
convenient, affordable retail options. The lease includes five, 5-year renewal options, with
$0.50/SF rent increases in each renewal period.
The surrounding commercial environment features essential retailers such as the adjacent Piggly
Wiggly and 4 Way Quick Stop. Trac is further driven by major regional anchors, including
Southwest Mississippi Community College and the 160-bed Southwest Mississippi Regional
Medical Center, which draw significant daytime visitors. The property serves a tight-knit
community within the broader Pike County trade area of approximately 40,000 residents,
benefiting from a stable consumer base anchored by the local industrial and healthcare sectors.
Investment highlights
New 10-Year Net-Leased Family Dollar
10,500 SF Single-Tenant Retail Property
Five, 5-Year Renewal Options with $0.50/SF Rent Increases
Minimal Landlord Obligations
Corporate Guarantee from Family Dollar
Strategic Location on Highway 44 in Summit, MS
High Visibility and Easy Access to Major Roads
Strong National Tenant with Established Market Presence
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