$399,000
Guntown, MS 38849
MLS# 25-977
8200 sqft

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Property Description
Dollar General - Guntown, MS. Brand new roof with 20-year warranty just installed March 2025! Investment opportunity being offered at $399,000, with a cap rate of 7.9percent. The 8,200 square foot+/- property is situated on 1.00 acre+/-, built in 2002. Dollar General extended their lease through 11/30/2027, and currently pays $2,620 per month, plus an additional $150 is paid each month to the owner for parking lot maintenance. This established DG has two five-year extension options remaining, each with a rent increase. Property taxes and insurance are paid by tenant. Maintenance duties are shared between landlord and tenant. Great metal building with visibility from Highway 45! Located in thriving Lee County, and just 11 miles north of Tupelo.
Details
Documents
General Property Description
Lot Dimensions: 1.00 acre +/-
Building Size: 8200
Lot Acres: 1
Total SqFt.: 8200
Location, Tax and Other Information
Realtor.COM Type: Commercial
Flood Zone: No
Heat
Central: 1
Air
Central Air: 1
Contract Information
Current Price: $399,000
Begin Date: 2025-05-12
Status: Active
List Price: $399,000
Location Tax and Other Information
Area: 10 - Other Mississippi Areas
House Number: 107
Street Dir Prefix: N
Street Name: Lee Dr
State/Province: MS
Postal Code: 38849
County: Lee
Taxes: 9713.45
Tax Year: 2025
Parcel Number: 025U-21-006-33
Property Features
Heat: Central
Air: Central Air
Listing Office: FARMER COMMERCIAL PROPERTIES
Last Updated: December - 03 - 2025
This data is provided by the Golden Triangle Association of Realtors Multiple Listing Service and may not be the listing of the provider. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.