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10 Year Net Leased Dollar Tree 204 Main st

10,500 SF Retail Building Nettleton, MS 38858 £1,462,635 (£139/SF) 7.45% Net Initial Yield

Investment Highlights

  • New 10 Year Net Leased Dollar Tree
  • Corporate Guarantee
  • Well Located along Main St (6,000+ VPD)
  • Minimal Landlord Obligations
  • Scheduled Increases in Rent
  • Nearby Highway Access into Tupelo

Executive Summary

This is the opportunity to purchase a new 10 year net leased Dollar Tree in Nettleton, Mississippi. The lease calls for minimal landlord obligations and is corporately guaranteed. The tenant has four, 5 year options to renew with scheduled rental increases in each option. The subject is well located along along Main Street with exposure to over 6,000 vehicles per day and nearby Highway 278 with direct access into the City of Tupelo. The site is less than a mile from the Nettleton School District (3 schools and 1,162 students) and neighbors various businesses in the area.
In Association with ParaSell, Inc. | A Licensed Mississippi Broker #23372

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
B
Year Built
2024
Construction Status
Under Construction
Price
£1,462,635
Price Per SF
£139
Net Initial Yield
7.45%
NOI
£108,966
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Land Acres
1.37 AC
Frontage
217 ft on Pine Street

Amenities

  • Signage
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204 Main st, Nettleton, MS - aerial map view

PROPERTY TAXES

Parcel Number 147G-25-088-00 Improvements Assessment £0
Land Assessment £0 Total Assessment £14,420

PROPERTY TAXES

Parcel Number
147G-25-088-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£14,420
(925) 231-1770

  • Listing ID: 31600806

  • Date on Market: 24/04/2024

  • Last Updated:

  • Address: 204 Main st, Nettleton, MS 38858

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© 2024 CoStar Group

10 Year Net Leased Dollar Tree | 204 Main st
(925) 231-1770 x

10 Year Net Leased Dollar Tree | 204 Main st

Jacob Abusharkh

(925) 231-1770

(925) 231-1770

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