DOLLAR GENERAL

Description

PROPERTY is a 9,014 SF building on 1.0 acres located at the intersection of Beatline Road and 28th Street in Long Beach, MS.

TENANT RESPONSIBILITIES: RE Taxes, Insurance and Utilities, Minor CAM (less than $1,000), Parking Lot -$4,800 per Year

LESSOR RESPONSIBILITIES: Roof (Roof comes with Warranty), Structure, Parking Lot, Major CAM (more than $1,000 per occurrence)

Area Description

PROPERTY is located at the intersection of Beatline Road and 28th Street in Long Beach, MS. Site is approximately 1/2 miles from East Beach Blvd.

LONG BEACH is in Harris County and part of the Gulfport-Biloxi, MS Metropolitan Statistical Area. It is located approximately 5 miles from Gulfport, MS and 11.5 miles from Biloxi, MS. Long Beach's population was 17,320 at the 2000 census.

Business Notes

LEASE GUARANTOR: Dollar General Corporation
S & P RATING: BBB-
TRADE SYMBOL: NYSE - DG

Contacts

  • Mr. Gregory Fitzgerald CCIM
    President
    Phone (678) 880-3270 Ex. 101
    Fax (678) 807-1927
    E-Mail gfitz@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
Beatline Road
Long Beach, MS 39560


County
Harrison
Building StatusUnder ConstructionTotal SF9,014Number of Floors1Year Built2007TenancySingle TenantPIN2920
Sale Price
$780,000.00

Date Sold
Jul 13, 2007

Attached Files

(Click to download)

Tenants

  • Dollar GeneralSquare Footage9,014Monthly Income$5,428.00
Click for Financials Sheet

Financials


Annual NOI$65,136.00

Click for Financials Sheet
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.