Fred’s Super Dollar

509 Highway 589, Purvis, MS 39475

PROPERTY DETAILS

  • Cap Rate 9.0%
  • Leasable Area 16,944 sq ft

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INVESTMENT OVERVIEW

- 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

PROPERTY INFORMATION

Price:
$1,381,643
Cap Rate:
9.0%
Lease Term:
6 years
Status:
Available

LOCATION INFORMATION

Address:
509 Highway 589, Purvis, MS 39475


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