Property Listing No Longer Available for Sale

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
UpdatedDecember 10th, 2015
TypeRetail
Price$700,000
Building11,100 Sq. Ft.
Land28749 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%


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