- Fred’s Super Dollar & Pharmacy Net Lease Offering
- Minimal Landlord Responsibilities
- Recent Build-to-Suit Offered at a Low Price Per SF (< $80 PSF)
- Priced Below Construction Replacement Cost
- Low Rent to Sales Ratio ( Only 3.9% )
- Fred’s has 650+ Locations in the Southeast
- Rare Lease Language Requires Tenant Report Store Sales Volume
- This Location Does More Than $3.4M Annually in Sales
Fortis Net Lease is pleased to present a Fred’s Super Dollar located at 951 Main Street in Leakesville, MS. This twelve year NN lease has minimal landlord responsibilities and approximately seven years remaining on the initial term. The lease will expire on December 31, 2023.
This investment property is surrounded by many national retailers such as: Dollar General, Piggly Wiggly, Family Dollar and Badcock Home Furniture. The subject property is located on Main Street just outside of downtown Leakesville and the ten mile population exceeds 8,000 residents. The median home value within three miles exceeds $104,000 and the average household income exceeds $57,000.