16,528 Square Foot Retail Space For Sale @ 1693 Highway 90

Ten-X is pleased to present the opportunity to acquire the NN leased Fred’s Super Dollar store located in Gautier, MS. Fred’s has 6.8 years remaining on a 12 year base lease term, followed by 3, 5-year options. The Property includes a 5-year Cell Tower lease at $6,000 annually, followed by 7, 5 year renewal options with 5% rental increases in each option. It is located along the Major Michael Green Memorial Highway, approximately 0.75 miles from Mississippi Gulf Coast Community College. Fred’s is a strong regional operator, with 650+ discount general merchandise stores in 15 states, including 372 retail pharmacy locations, and has entered into an agreement to purchase 865 Rite Aids. Also Available: Fred’s 200 Hospital Dr, Cherokee Village, AR $1,624,788 Fred’s 800 Cross St, Albany, KY $1,756,679 Fred’s 2511 Ingalls Ave, Pascagoula, MS $1,957,333 Fred’s 509 Highway 589, Purvis, MS $1,646,739 Fred’s 951 Main St, Leakesville, MS $1,636,764