Family Dollar | Dollar Tree

14916 Hwy 16 W, DeKalb, MS, USA
$1,257,231 6.50% Cap 12,510 sq ft Built 2021 Rendering Print This Page


14916 Hwy 16 W, DeKalb, MS, USA

Price: $1,257,231
Cap Rate: 6.50%
Net Operating Income: $81,720
Square Footage: 12,510
Lot Size: 1.94 AC
Renovated: 2021

100% Fee Simple InterestCorporate GuaranteeMinimal Landlord ObligationsNet Leased OfferingNewly Renovated

The Kase Group is pleased to offer the opportunity to acquire the 100% fee simple interest in a net leased Family Dollar | Dollar Tree new concept store. This building is being renovated as the latest dual branded format store offering both Family Dollar/Dollar Tree merchandise. This 12,510 square foot hybrid store, in DeKalb, Mississippi has a 10-year lease which commences in October 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 increases in rent during the option periods.

DeKalb is a town in and the county seat of Kemper County, Mississippi, United States. The population was 1,164 at the 2010 census. DeKalb is named after General Johann de Kalb, a Franconian-French military officer who served as a major general in the Continental Army during the American Revolutionary War.

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