Cap Rate
7.05%
Year Built
2026
1212 Augusta Rd, Ellisville, MS, 39437
Dollar General$2,070,354
Key Information
Term Remaining
±15 YRS
Type
Retail
Highlights
- 2026 build to suit construction for Dollar General, built to the company’s current prototype standards
- ±15 years remaining on an initial 15-year Absolute NNN lease
- 5% rental increases every five (5) years throughout the base term and renewal options
- Strategically located along Augusta Road, a primary commercial corridor serving Ellisville and surrounding communities
- Corporately guaranteed by Dollar General Corporation
- Zero landlord responsibilities, providing passive, long-term income
- Strong surrounding demographics supporting daily-needs retail demand, including Jones College (±5,057 students) directly across the street from the subject property
- Ellisville serves as a retail hub for Jones County, with nearby national tenants including Napa Auto Parts, Dominos, Walgreens, Sonic, Pizza Hut, Subway, O’Reilly Auto parts, and more
Photos
Location
Agents
S
Scotty LatimerLicense # 790608 (TX)
J
Josh BishopLicense # 688810 (TX)
Broker of Record
Phillip Carpenter
License # C-11708 (MS)Carpenter Properties, Inc.1437 Old Square Road, Suite 104 Jackson, MS 39211