Dollar General for Sale in Sunflower, MS
Sunflower, MS
Key Investment Metrics
Price
$799,000
Cap Rate
8.5%
Net Operating Income
$68,014
Land Area
1.4 Acres
Remaining Term
5 years
Lease Expiration
04/30/2031
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee, Credit Rated
Year Built
2016
Occupancy
100%
Tenancy
Single
Rent Increases
10% in Options
Property overview
Dollar General in Sunflower
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Land area
- 1.4 acres
- Year built
- 2016
- Lease type
- Absolute NNN
- Lease expiration
- 04/30/2031
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.