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Top 80% NNN Dollar General 15135 Dedeaux Rd

12,480 SF 100% Leased Retail Building Gulfport, MS 39503 £1,623,848 (£130/SF) 8% Net Initial Yield

Investment Highlights

  • Dollar General is Premier Dollar Store Industry Business
  • Investment-Grade Credit Tenant in Essential Business
  • Coupon clipper – no management required
  • Ideal Customer Demographics
  • Synergy with surrounding businesses
  • This location ranks in the top 85th percentile of DG stores within 15 miles, and 80th percentile of stores nationwide according to Placer.AI

Executive Summary

This property features an investment-grade tenant on an absolute NNN lease. The building was a build-to-suit in 2013 and has operated as a successful Dollar General store ever since. Located on a mixed commercial and residential neighborhood four-lane plus center turning lane arterial street next to O'Reilly Auto Parts. Other businesses within two blocks on the same street are Autozone, Napa Auto Parts, Kindercare, a couple churches and many local businesses. Many other retail draws in the immediate area. Two blocks south of the site is the 130 room Singing River Hospital. Approximately 63,000 people living within a 5-mile radius with an average annual household income of about $67,671. Gulfport is the second most populous city in the state with over 416,000 in the metro area, boasting a 5,000 employee US Naval Construction Battalion Center and 7 miles of white sand beaches and casinos along the coast.
Listed in conjunction with Beacon Real Estate LLC - Broker of Record

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,480 SF
Building Class
B
Year Built
2013
Price
£1,623,848
Price Per SF
£130
Net Initial Yield
8%
NOI
£129,908
Percent Leased
100%
Number of Floors
1
Building FAR
0.14
Land Acres
2.00 AC
Frontage
110 ft on Dedeaux Road

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Dollar General
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Dollar General - - $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

Winn-Dixie
Hancock Whitney Bank
Regions Bank
Five Guys
Walmart Neighborhood Market
Cadence Bank
Navy Federal Credit Union
TGI Fridays
Chicken Salad Chick
Logan's Roadhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0908N-04-001.000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£56,792
  • Listing ID: 31048311

  • Date on Market: 26/02/2024

  • Last Updated:

  • Address: 15135 Dedeaux Rd, Gulfport, MS 39503

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