Dollar General Market NNN Property For Sale — Itta Bena, MS
39240 US 82, Itta Bena, MS 38941
A prime net-leased Dollar General Market property, successfully operating since 2009 and upgraded in 2021 to a larger footprint with an expanded selection of groceries and perishables. This absolute triple net (NNN) lease offers an investment-grade tenant with a “BBB” credit rating from Standard & Poor’s. The property benefits from its location across from Mississippi Valley State University, limited local competition, and a signalized intersection along US Highway 82.
- Address: 39240 US 82, Itta Bena, MS 38941
- Asking price $1.31M
- 7.25% cap rate
- NOI $94,913
- 10.3 years remaining
- NNN lease
- Year built: 2009
- Building size: 9,100 SF
- Lot size: 1.23 acres
- Lease expiration: Dec 31, 2036
- Rent increases: 10% in each option
- Guarantor: Corporate
Location
This Dollar General Market property is at 39240 US 82 in Itta Bena, Mississippi.
Asset type: Retail