DOLLAR GENERAL

Description

PROPERTY is 9,014 SF building on 1.50 acres located in State Line, MS.

TENANT REPSONSIBILITIES: RE Taxes, Insurance, Utilties, Minor CAM (less than $1,000), Parking Lot - $4,056 Per Year

LANDLORD RESPONSIBILITIES: Roof (Roof comes with warranty), Structure, General Liability Insurance, Major CAM (more than $1,000 per occurrence)

Area Description

AREA TENANTS INCLUDE: Exxon, Greer Food Store, McBride Oil Company

STATE LINE is in Greene County and located approximately 64.2 miles North of Mobile, AL, 164 miles Southeast of Jackson, MS and 214 miles Southwest of Montgomery, AL. State Line's population was 555 at the 2000 census.

Business Notes

LEASE GUARANTOR: Dollar General Corporation

Contacts

  • 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
271 Saint Peter Street
State Line, MS 39362


County
Greene
Building StatusExistingTotal SF9,014Number of Floors1Lot Size65,340 SFYear Built2007TenancySingle Tenant
Asking Price
$566,666.66
Sale Status
Cap Rate9.00% Sale TypeIncome

Attached Files

(Click to download)

Tenants

  • Dollar GeneralSquare Footage9,014Monthly Income$4,250.00
Click for Financials Sheet

Financials

Land/Lot Info

Lot Size :65340.00 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.