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4793 Poticaw Bayou Rd

10,566 SF Retail Building Vancleave, MS 39565 $3,056,910 CAD ($289 CAD/SF) 7.05% Cap Rate

Retail Space Mississippi Vancleave 4793 Poticaw Bayou Rd, Vancleave, MS 39565

Investment Highlights

  • Dollar General boasts an investment grade credit rating of BBB (S&P)
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Dollar General has ±19,600 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has a market cap of ±$30 billion

Executive Summary

2024 Built to Suit Construction for Dollar General. Larger ±10,566 square foot prototype. 5% increases every 5 years in the base term, providing an excellent hedge against inflation. Extremely strong corporately guaranteed lease. Less than ±20 miles north of Biloxi, MS. 10 mile population in excess of 41,287 residents. Healthy average household income of $118,194.

Attachments

4793-Poticaw-Bayou-Rd

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
10,566 SF
Building Class
C
Year Built
2024
Price
$3,056,910 CAD
Price Per SF
$289 CAD
Cap Rate
7.05%
NOI
$215,512 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.96 AC
Zoning
C - Commercial
Parking
14 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
90 ft on Kenneth Cole Road
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PROPERTY TAXES

Parcel Number 0-23-09-550.000 Improvements Assessment $30,340 CAD
Land Assessment $6,812 CAD Total Assessment $37,152 CAD

PROPERTY TAXES

Parcel Number
0-23-09-550.000
Land Assessment
$6,812 CAD
Improvements Assessment
$30,340 CAD
Total Assessment
$37,152 CAD
(214) 692-2927

Contact

  • Listing ID: 32746981

  • Date on Market: 2024-08-09

  • Last Updated:

  • Address: 4793 Poticaw Bayou Rd, Vancleave, MS 39565

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The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

4793 Poticaw Bayou Rd
(214) 692-2927 x

4793 Poticaw Bayou Rd

Scotty Latimer

(214) 692-2927

(214) 692-2927

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