Cap Rate
7.5%
$ per SF
$132
8761 MS-35 S, Forest, MS, 39074
Dollar General
$1,207,472
Key Information
Tot. SF
9,100
Lot Size
1.75 Acres
Year Built
2020
Term Remaining
± 9 Years
Type
Retail
NOI
$90,560
Highlights
Lease & Location Highlights
• 2020 built-to-suit for Dollar General
• ±9 years remaining on a 15 year, ABS NNN lease with zero landlord responsibilities
• Limited competition as the nearest dollar store is over 10 miles away
• Corporately Guaranteed lease from Dollar General
• 10% rental increases in each of the four, 5 year options
Tenant Highlights
• Leased to Dollar General Corporation, rated BBB by S&P (investment-grade)
• National retailer with over 21,000 locations and active growth strategy
• Designated essential business, demonstrating operational resilience and profitability during and beyond the COVID-19 period
Photos
Location
Agents
J
Josh BishopLicense # 688810 (TX)
S
Scotty LatimerLicense # 790608 (TX)
Broker of Record
Phillip Carpenter
License # 8906, C-11708 (MS)Carpenter Properties, Inc.1437 Old Square Road, Suite 104 Jackson, MS 39211