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Fred’s Super Dollar

RealINSIGHT Marketplace and Cushman & Wakefield are pleased to offer prospective investors the opportunity to acquire a leasehold interest in a newer construction Fred’s Super Dollar located in the community of Vancleave, Mississippi.  The Property, located at 12101 Highway 57, represents a 16,471 SF single tenant retail building built in 2011.  With Fred’s Super Dollar in tenancy until 2023, the following opportunity presents a stable, plus value-add, acquisition opportunity to invest in the tenancy of a publicly traded company (NASDAQ: FRED).  Founded in 1947, Fred’s Super Dollar operates 650 discount chain stores in 15 states.  With the closest Wal-Mart 11 miles from this Fred’s Super Dollar, the Property serves as an appealing and reliable discount retailer to the community.

INVESTMENT HIGHLIGHTS
Attractive Market Position - Fred’s Super Dollar is only one of two discount stores that serves the greater area.  With the next Wal-Mart located 11 miles away, this Fred’s Super Dollar represents a popular retail destination for the Vancleave community.

Convenient Location - The Property is accessibly located 11 miles from the Jackson County Vancleave Public School District Elementary, less than ½ - mile from Vancleave Middle School and less than ½ - mile from Vancleave High school, offering families retail convenience during daily routines.

Corporate Tenancy - Fred’s Super Dollar is publicly traded company (NASDAQ: FRED).  With 650 discount chain stores in 15 states.

Potential Long-Term Tenancy - Fred’s Super Dollar has a lease until November 2023 with three 5-year options remaining.

Quality Construction – Built in 2011, this leasehold interest offers modern construction and quality systems, which is attractive and superior to this market.

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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Fred's Super Dollar

12101 Highway 57, Vancleave, MS 39565

Asset Snapshot

  • Asset Type
  • Real Estate
  • Land Area
  • 2.20 Acres
  • Year Built
  • 2011
  • Number of Floors
  • 1
  • Number of Buildings
  • 1
  • Occupancy
  • 100.00%
  • Occupancy as of
  • Apr 01, 2019
  • Retail Type
  • Freestanding Retail
  • Anchor
  • Yes
  • Anchor Tenant(s)
  • Fred's Super Dollar
  • Property Size
  • 16,471 Sq Ft
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. William Head

      c/o Fisher Auction Company Inc.

      License: #892