Dollar General
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
2110 Highway 11, Moselle, MS 39459
PROPERTY INFORMATION
Price:
$1,252,222
Cap Rate:
7.20%
Term Remaining:
14 Years
Year Built:
2016
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease | Requires Zero Landlord Responsibility
- Rent Increases 10% at Each of the 5, 5 Year Option Periods
- Corporate Guarantee by Dollar General | S&P Rating: “BBB”
- Brand New 15 Year Lease Commenced in August 2016
- Built-to-Suit DG |Completed August 2016
- Dollar General “PLUS” Location | 10,566 Square Feet
INVESTMENT SUMMARY
Fortis Net Lease is pleased to present this newer Dollar General “Plus” store which was completed in August 2016. The population exceeds 79,000 within a ten mile radius and the average household income exceeds $56,000 within a five mile radius. The average daily traffic on Highway 11 is over 5,100 cars per day.