Dollar General | Merigold, MS

TBDRandall Commercial Group, LLC is pleased to exclusively offer for sale this NN+*, free-standing Dollar General located in Merigold, MS. Dollar General has recently executed an extension through August 31, 2033, showing dedication to the site. There are just over nine years remaining on the current term with four (4), five (5) year options remaining, each featuring a 10% rent increase. The property is located at the intersection of South Street and Blues Highway in Merigold, a high-traffic location that sees approximately 13,000 VPD on the route south to Cleveland, MS, the home of Delta State University and the Mississippi Grammy Museum. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating. *Lease Type Description: Landlord shall maintain, repair, and replace, at its sole cost and expense, all structural and exterior aspects of the Demised Premises. Tenant shall reimburse Landlord for actual, reasonable costs of the maintenance and repair of the Parking Area. Tenant shall maintain and repair the non-structural aspects of the interior of the building during the term of the Lease. Tenant shall maintain, repair, and replace the HVAC equipment at its expense. However, if HVAC replacement is required during the final two years of the lease, then the replacement costs shall be amortized according to the Lease. (source: Lease)