Dollar Tree

100 Old MS Hwy 42, Petal, MS
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Lease Term:
10 years
Landlord Responsibilities:
Lease Expiration Date:
Approx. 9 years
Renewal Options:
3, 5-Year Options
Building Sq. Ft.:
10,664 SF
Rent Increases:
10% Every 5 Years
Site Size:
1.25 Acres

Investment Highlights

  • Recently extended 10-year lease with attractive 10% increases every 5 years
  • Corporate guarantee from Dollar Tree, Inc.
  • Strong performing store relocating from existing shopping center across the street
  • Situated on a signalized hard corner with direct frontage on Old MS Hwy 42, with a daily traffic count of more than 17,000 vehicles per day (combined at intersection)
  • Nearby national retailers include: Walgreens, O’Reilly Auto Parts, Regions Bank, AutoZone, and Hardee’s, among others

Listing Agents

Adam Baxter

Vice President
205 394 3520
[email protected]
Jordan Williams Stream Capital Partners

Jordan Williams

Senior Associate
205 209 5671
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

Broker of Record: Dean Copans | Mississippi Lic. # 24178

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