Dollar General | Merigold, MS

For Sale

205 South St, Merigold, MS 38759

This Merigold property for sale is located at 205 South St. The current listed sale price for Dollar General | Merigold, MS is $934,720. Dollar General | Merigold, MS is situated on a lot that is 1.2 acre in size.

Contacts

broker
Brian Phillips, CCIM

Randall Commercial Group

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,014 SF
  • Lot Size 1.2 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2010
  • Date Updated Nov 14, 2024
TBDRandall Commercial Group, LLC is pleased to exclusively offer for sale this NN+*, free-standing Dollar General located in Merigold, MS. Dollar General has recently executed an extension through August 31, 2033, showing dedication to the site. There are just over nine years remaining on the current term with four (4), five (5) year options remaining, each featuring a 10% rent increase. The property is located at the intersection of South Street and Blues Highway in Merigold, a high-traffic location that sees approximately 13,000 VPD on the route south to Cleveland, MS, the home of Delta State University and the Mississippi Grammy Museum. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. *Lease Type Description: Landlord shall maintain, repair, and replace, at its sole cost and expense, all structural and exterior aspects of the Demised Premises. Tenant shall reimburse Landlord for actual, reasonable costs of the maintenance and repair of the Parking Area. Tenant shall maintain and repair the non-structural aspects of the interior of the building during the term of the Lease. Tenant shall maintain, repair, and replace the HVAC equipment at its expense. However, if HVAC replacement is required during the final two years of the lease, then the replacement costs shall be amortized according to the Lease. (source: Lease)
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Highlights

  • NN+ Single Tenant Investment Opportunity
  • ±9 Term Remaining with Four (4), Five (5) Year Options
  • Tenant executed an extension in 2023
  • 10% Increases Per Option
  • Corporate Guarantee by Dollar General Corporation

Getting around

  • 11/100

    Walk Score ®

  • 30/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Merigold, MS
  • Zip Code 38759

Points of Interest

  • Citgo

    5.48 miles

  • Murphy USA

    5.59 miles

  • Kroger Fuel Center

    5.85 miles

  • On the Go - Cleveland

    6.02 miles

  • Shell

    6.15 miles

  • Exxon

    6.16 miles

  • Rick's Express

    6.42 miles

  • Double Quick

    7.19 miles

  • Double Quick Gas Station

    7.93 miles

  • Shumate Park Parking Lot

    5.87 miles

  • Golf Course Parking

    5.89 miles

  • Crawdad's

    0.42 miles

  • McCartys Gallery Restaurant

    0.47 miles

  • Lost Pizza Co.

    4.18 miles

  • Zaxby's

    5.37 miles

  • Wendy's

    5.40 miles

  • Captain D's

    5.41 miles

  • Sakura Hibachi

    5.41 miles

  • Avocado's Bar & Grill

    5.42 miles

  • Dodge's Southern Style

    5.49 miles

  • La Cabana

    5.64 miles

  • Walmart Supercenter

    5.56 miles

  • Kroger

    5.88 miles

  • Shelby Cash Store

    8.21 miles

In-Depth Research Available for this Property

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Contact Listing Broker
broker
Brian Phillips, CCIM

Randall Commercial Group