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5620 N Harper Road Ext, Corinth, MS, 38834

DOLLAR GENERAL
$1,099,827

Key Information

Cap Rate
7.75%
$ per SF
$124
Tot. SF
9,100
Year Built
2017
Term Remaining
±7.25 YRS
Type
Retail
NOI
$85,237

Highlights

Lease & Location:

  • 2017 build-to-suit construction for Dollar General
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Corporately guaranteed lease from Dollar General Corporation
  • 5 mile population in excess of 17,474 residents
  • Average household income of $64,156 which is considered to be an income “sweet spot” for Dollar General

Tenant:

  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future
  • Dollar General boasts an investment-grade credit rating of BBB (S&P)
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Dollar General has a Market Cap of over 25 Billion

Photos

Location

Agents

Broker of Record

Phillip Carpenter

License # C-11708 (MS)
Matthews Real Estate Investment Services, Inc
1437 Old Square Road, Suite 104 Jackson, MS 39211