Dollar General Anchored Retail Center
Dollar General | Recent Renewal & Store Remodel
Marketing description
The Hurd Net Lease Group of Marcus & Millichap is pleased to offer for sale the Dollar General Retail Center located at 107 E Main Street, Charleston, Mississippi.
The subject property consists of approximately 13,720 rentable square feet and is occupied by two tenants. Dollar General has utilizes 64% of the property and has been successfully operating here for over 26 years. The current lease was recently extended through April 30, 2031, in addition to Dollar General completing an interior store remodel in 2023, demonstrating their continued commitment to this site. The second tenant is a local thrift store that operates on a month-to-month lease agreement.
Charleston, Mississippi is located in north-central Mississippi and the county seat to Tallahatchie County. The area is widely recognized as a historic district and commonly referred to as the “Gateway to the Delta”. Dollar General is well positioned in the center of town, within near direct proximity to the County Courthouse.
Investment highlights
• Property Is Being Offered Well Below Replacement Value At Only $30/Ft
• Extremely Low Rent In Place For Both Tenants
• Essential Retailer For The Immediate Community
• Dollar General Has Over 26 Years of Operating History
• Minimal Landlord Responsibilities | CAM/Parking Areas Are City Owned and Maintained
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