Fred’s Super Dollar
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

CONTACT US REGARDING THIS LISTING

Robert Bender

Managing Partner

Douglas Passon

Managing Partner

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PROPERTY ADDRESS

509 Highway 589, Purvis, MS 39475

PROPERTY INFORMATION

Price:
$1,381,643
Cap Rate:
9.0%
Term Remaining:
6 Years
Status:
Available

INVESTMENT SUMMARY

– 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