Dollar General | Batesville, MS
Retail | 6.65% CAP | 10,566 SqFt
Marketing description
Randall Commercial Group, LLC is pleased to exclusively offer for sale this free-standing Dollar General located in Batesville, MS. The subject property has a hardy-plank front and a 15-year, NNN lease with approximately 11 years remaining. Batesville is located ±50 miles south of Memphis, TN and just ±20 miles west of Oxford, MS (The University of Mississippi – Ole Miss). The property is strategically located on MS Highway 6, which is one of the most heavily trafficked non-interstate roads in North Mississippi and is strategically positioned to capture "last-stop" retail traffic for travelers moving between Batesville and Oxford. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating and is considered one of the strongest tenants in the nation.
The subject property is strategically located along Highway 6 on the eastern side of Batesville. It sits on the primary commuter and commercial artery connecting Interstate 55 (Batesville’s core) to the University of Mississippi (Ole Miss) in Oxford. It’s location provides high-visibility for the commuter traffic and is strategically positioned to capture "last-stop" retail traffic for travelers and residents moving between the Batesville and Oxford markets. The property is also in Batesville growth area and not for from the new, 32-acre shopping center called Covenant Crossing. Batesville serves as a vital commercial and transit hub for North Mississippi. Located in Panola County, it sits at the high-traffic intersection of Interstate 55 and Highway 6, roughly 20 miles west of Oxford and 50 miles south of Memphis.
Investment highlights
NNN Single Tenant Investment Opportunity
Hardy Plank Front
15-year initial lease term with +/- 11 years remaining
Five (5), Five (5) Year Options with 10% increases
Store is strategically located on the east side of Batesville along Highway 6, connecting Interstate 55 to the University of Mississippi (Ole Miss) in Oxford.
Highway 6 is one of the most heavily trafficked non-interstate roads in North Mississippi and is strategically positioned to capture "last-stop" retail traffic for travelers moving between Batesville and Oxford.
The property is not far from the brand new, 32-acre shopping center called Covenant Crossing. Tenants include Academy Sports, Hobby Lobby, TJ Maxx, Ross, Ulta, etc.
Property is also close to Batesville’s GE Aerospace facility, a high-tech manufacturing hub that has become a cornerstone of North Mississippi’s industrial economy.
Batesville serves as a vital commercial and transit hub for North Mississippi. Located in Panola County, it sits at the high-traffic intersection of Interstate 55 and Highway 6, roughly 20 miles west of Oxford and 50 miles south of Memphis.
Source: Google Gemini, GE Aerospace, The Panolian
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