Details
Dollar General in Boyle, MS
403 Gaines Hwy 61, Boyle, MS
hIGHLIGHTS
Size:9,014 SF
Price:$540,845.00
CAP RATE:7.10%
NOI:$38,400.00
PROPERTY
OVERVIEw
DETAILS
• 9,014 SF building
• 0.84 Acre lot
• Year Built: 2002
• Lease Structure: NN
• Lease Expiration Date: 3/31/2023
• Renewal Options: Three, 5-year options remaining
• Corporate Guarantee: Dollar General Corporation
InCommercial Property Group is pleased to offer the opportunity to acquire a Dollar General located in Boyle, Mississippi, along Gaines Hwy 61. The 9,014 SF subject property is being offered for $540,845 at a 7.1% cap rate and has a NN lease structure. Dollar General’s current lease runs through March 31, 2023 and has three, 5-year options remaining. Dollar General is a credit tenant and is publicly traded on the New York Stock Exchange (Symbol: DG) with a market capitalization in excess of $39 billion. Dollar General operates more than 15,000 stores located in 45 states.