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32818103
32818102

8900 Oktoc Road, Starkville, MS 39759

ER
MS 19734
Randall Commercial Group, LLC
Randall Commercial Group, LLC
Listed by Randall Commercial Group, LLC
$2,385,408
14 days on market
Updated 13 days ago

Dollar General | Starkville, MS (SEC College Town)

Details
Property Type Retail
Sub Type Freestanding
Square Footage 9,026
Net Rentable (SqFt) 9,026
Cap Rate 6.25%
NOI $149,088
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 5
Pro-Forma Cap Rate 6.25%
Pro-Forma NOI $149,088
Price per SqFt $264
Year Built 2026
Acreage 2.000
Parking Spaces 30 spaces
Parking Per SqFt 3.32
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Sale Condition N/A

Dollar General - College Town

Marketing description

  • 15-Year NNN Lease with Five (5), Five (5) Year Options
  • 5% Increases Every 5 Years During Primary Term & Renewal Options
  • Corporate Guarantee by Dollar General Corporation
  • Located along Oktoc Road, a primary North-South artery for southern Oktibbeha County
  • Starkville is home to Mississippi State University (MSU), a comprehensive, public land-grant research university and a founding member of the Southeastern Conference (SEC)
  • MSU is Starkville’s primary economic engine, employing over 5,900 faculty and staff and supporting a student population of approximately 23,000+
  • In Fall 2025, MSU reached an all-time record of 23,563 students, marking growth in 10 of the last 11 years
  • Starkville is part of a three-county economic powerhouse called the Golden Triangle Link (“GTR Link”)
  • GTR Link has seen over $12 billion in industrial investment over the last two decades

Sources: Google Gemini, MSU, GTR Link, Alumnus Magazine, City of Starkville

Investment highlights

Randall Commercial Group, LLC is pleased to exclusively offer this brand new, free-standing Dollar General located in Starkville, MS. The subject property has a 15-year, NNN lease with 5% increase every 5 years during the preliminary term and each option, and a delivery date of May 2026. This Dollar General is ideally located along Oktoc Road, a primary North-South artery for southern Oktibbeha County. The store is situated just 2 miles south of Mississippi State University (MSU), a comprehensive, public land-grant research university and a founding member of the Southeastern Conference (SEC). Starkville’s economy is a unique blend of institutional stability and aggressive regional industrial growth. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

The Subject Property is ideally located along Oktoc Road, approximately 2-miles south of Mississippi State University’s campus. The Starkville Dollar General’s location captures a unique mix of student commuters, faculty, and long-term residents heading towards the University, as well as travelers heading toward the Noxubee National Wildlife Refuge, with limited immediate competition. The southern corridor along Oktoc Road and South Montgomery Street serves as the primary growth areas for high-end residential estates in Starkville. The Oktoc Water Association recently initiated significant water system improvements, including a new 300 GPM water production well specifically on Oktoc Road. Also, construction has begun on the extension connecting Artesia Road to Hail State Boulevard, a project that aims to dramatically improve the flow of traffic between the MSU campus and the Oktoc corridor. Starkville’s economy is anchored by Mississippi State University (“MSU”), providing a stable economic base with consistent population flow. MSU employees over 5,900 faculty and staff and supporting a student population of approximately 23,000+. Starkville is part of a three-county economic powerhouse called the Golden Triangle Link, that has seen over $12 billion in industrial investment over the last two decades.

(Source: Google Gemini, MSU, GTR Link, Alumnus Magazine, City of Starkville.)

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
$149,088.00
$12,424.00/mo

Valuation Metrics

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DSCR
6.25%
Cap Rate
6.25%
ROI

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