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210 Main Street
Nettleton, MS
Price:
$1,852,200
Cap Rate:
7.50% CAP
NOI:
$138,915
Ownership Type:
Fee Simple
Building Size:
10,500 SF
Lot Size:
1.39 AC
Lease Type:
NN
Term Remaining:
7.7 Years
Rent Increases:
$0.50 PSF in Options
Lease Options:
4, 5 Year
Guarantor:
Corporate (Dollar Tree Stores, Inc.)
Double net lease structure with limited landlord responsibilities. Approximately 7.7 years of remaining primary lease term. Four, 5-year renewal options . $0.50 PSF rent increases at the commencement of each option period.
Direct corporate lease with Dollar Tree Stores, Inc.. Investment grade credit rating of BBB / Stable (Standard & Poor’s). Operates 9,300+ Dollar Tree locations across the US and Canada. Fortune 200 public company (NASDAQ: DLTR). Necessity-based retailer serving value-oriented consumers.
Newly constructed and opened for business in May 2024. Purpose-built 10,500 SF Dollar Tree store. Modern store layout and efficient operating footprint. Positioned on a ~1.39 acre site with ample parking and visibility.
Senior Managing Director, Investments
(925) 989-8198
jason.hernandez@marcusmillichap.com
Senior Associate
(203) 962-2042
jack.oneill@marcusmillichap.com
Associate
(901) 612-0515
jackson.lyons@marcusmillichap.com