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1196 N Doctor M.L.K. Jr St, Natchez, MS, 39120

Family Dollar
$914,664

Key Information

Cap Rate
9.5%
Tot. SF
8,320
Year Built
2016
Term Remaining
±6 YRS
Type
Retail

Highlights

Lease & Location:

  • 2016 build-to-suit construction for Family Dollar
  • Absolute NNN lease with zero landlord responsibilities
  • RARE 10% rental increase in 2026 and in all six option periods
  • Corporately guaranteed lease from Family Dollar Corporation
  • Nearby national tenants include Walmart, Walgreens, CVS, Advance Auto Parts, Sonic, Wendy’s, and many more
  • ±5 mile population in excess of 23,638 resident

 

Tenant:

  • Family Dollar was purchased in July 2025 by Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co
  • Family Dollar has thrived through the COVID pandemic and witnessed a sharp increase in same-store sales and profitability
  • Family Dollar operates in over 8,000 locations across 46 states

Photos

Location

Agents

Broker of Record

Phillip Carpenter

License # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211