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Dollar General
1550 Hwy 51 S, Hernando, MS
Property Information
Price Summary
$ 847,060
Cap Rate
8.5 %
NOI
$ 72,000
Total Lot Size
1.13 Acres
Building Size
9,014 SF
Property Highlights
- Dollar General in Hernando, MS With 6+ Years Remaining on Current Term
- NN Lease With Minimal Landlord Responsibilities
- Large 1.13-Acre Parcel Frontage Highway 51 S With Traffic Counts of 10,000+ Vehicles Passing by Daily
- 4-Sided Masonry Construction Prototype
- Strong Population Growth in Immediate Area – Built-In Customer Base With Several Residential Neighborhoods Surrounding the Property
- Affluent Suburban Community With an Average Household Income of Over $129K Within 5-Mile Radius
- Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 20,000+ Locations
- Dollar General
- 1550 Hwy 51 S, Hernando, MS 38632
Point of Contact
Cody Crist
Partner/Director
Eric Kelley
Associate Director
Chance Hales
Partner
In cooperation with Brian Brockman at Bang Realty of Mississippi Inc | MS #21542 | bor@bangrealty.com | (513) 898-1551
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