DOLLAR GENERAL

Description

PROPERTY is a 9,014 SF building on approximately 1.8 acres located on Highway 45 in Aberdeen, MS.

TENANT RESPONSIBILITIES: RE Taxes, Insurance, Utilities, Quarterly HVAC Preventative Maintenance, Minor CAM (less than $1,000, Parking Lot - $4,056.36 per Year

LANDLORD RESPONSIBILITIES: Roof, Structure, Parking Lot, Major CAM (more than $1,000 per occurence) Maintenance contract for HVAC

Area Description

AREA TENANTS INCLUDE: JR Food Mart, Smokey's, National Bank of Commerce, Renasant Bank, Fred's Pharmacy, Big Star Grocery

ABERDEEN is a in Monroer County and located approximately 120 miles Northwest of Birmingham, AL and 142 Southeast of Memphis, TN and 185 Northeast of Jackson, MS. Aberdeen's population was 6,415 at the 2000 census. It is the county seat of Monroe County.

Business Notes

LEASE GUARANTOR: Dollar General Corporation

Contacts

  • Mr. Gregory Fitzgerald CCIM
    President
    Phone (678) 880-3270 Ex. 101
    Fax (678) 807-1927
    E-Mail gfitz@tri-oak.com
  • Mr. Wes Forlines
    Associate
    Phone 678-880-3270 Ex. 103
    Fax 678-807-1927
    E-Mail wes@tri-oak.com

Company

Tri-Oak Commercial Group
Retail Investment Brokerage
2920 Marietta Highway
Suite 126
Canton, GA 30114
Phone (678) 880-3270
Fax (678) 807-1927
e-Mail info@tri-oak.com
Commercial Retail Sale
317 Highway 45
Aberdeen, MS 39730


County
Monroe
Building StatusExistingTotal SF9,014Number of Floors1Lot Size73,408 SFYear Built2007TenancySingle Tenant
Asking Price
$693,353.00
Sale Status
Active
Cap Rate9.00% Sale TypeIncome

Tenants

  • Dollar GeneralSquare Footage9,014Monthly Income$5,200.00
Click for Financials Sheet

Financials

Land/Lot Info

Lot Size :73408.00 SF
The above information has been secured by sources deemed to be reliable, Tri Oak makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser/User must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.