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1842 Hwy 12
Weir, MS 39772

$956,000 USD

Freestanding For Sale  •  9,026 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,026 SF
  • Lot Size 1.29 AC
  • Building Class C
  • Year Built 2015
  • Cap Rate 8.00 %
  • Tenancy Single
10 Walk Score

Highlights

Absolute NNN Lease – There are zero landlord responsibilities or expenses, providing 100% passive income to the landlord.
Strategic Location – The property is strategically located with prime HWY 12 frontage.
Low Rents – Low rents provide the tenant with healthier operating margins when compared to newer construction product.
Strong Corporate Guaranty – From Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $28 billion market cap.
Limited Competition – There are no other competing retailers or convenience stores in town.
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 2/7/2030
Blake Wagenseller 858-449-4864 Matthews Real Estate Investment Services
Blake Wagenseller 858-449-4864 Matthews Real Estate Investment Services