107 N Lee Dr, Guntown, MS 38849
$399,000
Property Type:
Commercial
Square Footage:
8,200
Lot Size (sq. ft.):
43,560
Status:
Active
Current Price:
$399,000
List Date:
5/13/2025
Last Modified:
12/03/2025
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.
More Information MLS# 25-977
Contract Information
Current Price: $399,000
Begin Date: 2025-05-12
Status: Active
List Price: $399,000
General Property Description
Total SqFt.: 8200
Lot Dimensions: 1.00 acre +/-
Building Size: 8200
Lot Acres: 1
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
Documents
Property card ›Listing Office: FARMER COMMERCIAL PROPERTIES
Last Updated: December - 03 - 2025
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