January 14, 2025 – Chris King and Michael Mintz of Horvath & Tremblay have successfully completed the sale of Dollar General in Vicksburg, Mississippi. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $675,000.
Dollar General is located at 2203 Clay Street in Vicksburg, Mississippi. Dollar General has been at this location since 2004 and recently extended their lease early, demonstrating their commitment to the site and the market. Dollar General has 5+ years remaining on their lease with five (5), 5-year renewal options. The lease features 10% rent increases at the start of each renewal option. The Property is well located along Clay Street, the area’s primary commercial corridor. The Property benefits from outstanding visibility and frontage and is surrounded by national retailers and area schools driving traffic to the area. The Property is positioned in between Interstate 20 and US Route 61 (1 mile to the east), and US Business Route 61 (1-mile to the west). Vicksburg is positioned along the banks of the Mississippi River and is approximately 40 miles west of Jackson, the state capital.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.