Property Description
Recent Renovations - New HVAC (2022) & Parking lot work (2024)
Consistent History of Early Renewals - Renewed early 3x and re-upped options to have 5 more remaining.Â
Reports Sales // Low Rent-to-Sales Ratio - Sub 4% Rent-to-Sales ratio at this location providing further confidence in Dollar General’s commitment to the site
6.5+ Years Remaining - Recent lease renewal with five, 5-year options.Â
NN Lease -Â Minimal Landlord responsibilities.
Investment Grade Tenant - Dollar General holds a BBB rating from S&P and is considered an investment-grade credit tenant. This rating ensures a high likelihood of on-time payments and offers stability to investors
Close Proximity to University - Located 2 miles from Delta State University
Excellent Visibility along Highway  8 - 6,700+ VPD along Joel Road
Offering Memorandum
Property Details
Property Type
Retail
Net-Lease
NN
Size
9,014
Acres
1
Property Location
4091 MS-8, Cleveland, MS 38732, USA