Family Dollar

15458 State Highway 15, Decatur, MS, USA
$1,655,769 6.50% Cap 10,500 sq ft Built 2021 Representative Photo Print This Page


15458 State Highway 15, Decatur, MS, USA

Price: $1,655,769
Cap Rate: 6.50%
Net Operating Income: $107,625
Square Footage: 10,500
Lot Size: 1.05 AC
Year Built: 2021

100% Fee Simple InterestCorporate GuaranteeMinimal Landlord ObligationsNet Leased OfferingNew ConstructionScheduled Increases

The Kase Group is pleased to offer the opportunity to acquire the 100% fee simple interest in a net leased Family Dollar. This 10,500 square foot Family Dollar, in Decatur, Mississippi has a 10-year lease which commences in June of 2021. The 100% fee simple interest in the underlying land and building is being offered. The tenant has six five-year options to renew with 5% increases in rent during the option periods.

Decatur is a town in Newton County, Mississippi. The population was 1,841 at the 2010 census. It is the county seat of Newton County. This town is named after war hero Stephen Decatur, Jr

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