10177 Central Avenue, D'lberville, MS
Retail for Sale - $700,000 - 11,100 Sq. Ft. on 28749 acres
Property Info
CIMLS# | 681185 |
Location 10177 Central Avenue D'lberville MS 39540 | |
Updated | December 10th, 2015 |
Type | Retail |
Price | $700,000 |
Building | 11,100 Sq. Ft. |
Land | 28749 acres |
Property Description
This Family Dollar is an opportunity to own a NN leased investment with a lease term through December 2015. The lease has four (4) 5 year renewal options with 10% increases per renewal period. Family Dollar reimburses tax and insurance expenses above base year. The property was substantially renovated in 2006, and the parking lot was overlayed in 2013. The city of D'lberville is approximately 3.6 miles north of Biloxi and included in the MSA.
The area's largest employers include Keesler Air Force Base, casinos and Northrup Grumman.
Location Description:
The Family Dollar is located in downtown D'lberville, on Central Avenue, the city's 'main street'. Central Avenue connects to I-110 at Rodriguez Street. I-110 is the north-south connector for Interstate 10 and Biloxi. D'Iberville is part of the Biloxi MSA.
Highlights:
>> NN Leased Family Dollar
>> Lease through December 2015
>> 4 - 5 year renewal options with increases
>> 2006 substantial renovation
>> North Biloxi area - 2 miles from I-110
* Email for additional photos
Financials
Sales Info:
>> Commision split: 4.0%