Fred’s Super Dollar
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
509 Highway 589, Purvis, MS 39475
PROPERTY INFORMATION
Price:
$1,381,643
Cap Rate:
9.0%
Term Remaining:
6 Years
INVESTMENT HIGHLIGHTS
- Super Dollar & Pharmacy Single Tenant Net Lease
- Very Low Price Per Square Foot ( Only $81 PSF )
- Pharmacy Offer Drive-Thru Pick Up Lane
- Offered Below Replacement Cost
- Minimal Landlord Responsibilities
- Very Low Rent to Sales Ratio (3.1%)
- Fred’s has 650+ Stores in the Southeast
- This Location Does in Excess of $4.4M in Annual Sales
- Rare Lease Language Requires Annual Sales Reports From Tenant
- Offered Individually and as a Six Store Portfolio