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2793 Hwy 53, Poplarville, MS, 39470

DOLLAR GENERAL
$1,762,667

Key Information

Cap Rate
7.2%
Tot. SF
10,640
Year Built
2025
Term Remaining
±15 YRS
Type
Retail

Highlights

Lease & Location:

  • Brand new 2025 build-to-suit construction for Dollar General.
  • 15 Years Absolute NNN Lease – Zero Landlord Responsibilities.
  • Attractive 5% increases every 5 years in the base term.
  • Limited competition – the nearest discount retailer is over 5 miles away.
  • Projected population growth of 8.66% over the next 5 years (5 Mile Radius)
  • Corporately guaranteed lease from Dollar General Corporation.
  • Subject property is strategically located with prime HWY 53 frontage.

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.

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