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26348009

216 Duff Patt Hwy, Duffield, VA 24244

CS
VA VA 0225196994
Cushman & Wakefield Thalhimer - Glen Allen, Virginia
Listed by Cushman & Wakefield Thalhimer - Glen Allen, Virginia
$1,950,000
260 days on market
Updated 58 days ago

Family Dollar | Duffield, VA

Details
Property Type Retail
Sub Type Storefront
Square Footage 10,500
Cap Rate 7.00%
NOI $136,500
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree, Family Dollar
Lease Type Net
Class A
Year Built 2023
Buildings 1
Acreage 1.140
Investment Type Net Lease
Ground Lease No
Ownership Private

Brand New Corporate Dollar Tree | Family Dollar | SWVA

Marketing description

Cushman & Wakefield | Thalhimer is pleased to exclusively offer for sale a newly constructed, corporately guaranteed Family Dollar Tree combo store located in Duffield, Virginia. The ±10,500 square foot building sits on ±1.139 acres and features Dollar Tree, Inc.’s latest hybrid format, combining both brands under one roof to deliver a broader product selection and drive approximately 20% higher sales than traditional store models.

The asset is secured by a 10‑year corporately backed double‑net lease, with landlord responsibilities limited to the roof and structure and further mitigated by an active roof warranty. Positioned along Duff Patt Highway with visibility to ±5,200 vehicles per day, the property offers strong frontage and convenient access for both local residents and regional pass‑through traffic.

Dollar Tree, Inc. (NASDAQ: DLTR) is a Fortune 200 company with more than 16,000 locations nationwide, operating a recession-resistant, e-commerce-resilient model focused on affordable, essential goods. As one of the few national retailers in the area, the Duffield location is strategically positioned to capture consistent demand in a rural market with limited competition, offering investors stable long-term income backed by a high-performing national tenant.

Investment highlights

  • Newly constructed ±10,500 SF Family Dollar/Dollar Tree combo store sits on ±1.139 acres and represents the tenant’s latest hybrid concept, offering a broader merchandise mix and approximately 20% higher sales than traditional store models

  • Property is corporately backed by a 10-year double net lease with minimal landlord responsibilities limited to roof and structure, further supported by an active roof warranty

  • Located directly along Duff Patt Hwy. with visibility to ±5,200 vehicles per day, the store benefits from strong frontage and convenient access for area residents and pass-through traffic

  • Dollar Tree, Inc. (NASDAQ: DLTR), operates a recession-resistant, e-commerce-resilient business model focused on essential consumer goods at value pricing

  • Serving as one of the few national retailers in the area, the store is well positioned to capture consistent demand in a rural submarket with limited competition and strong reliance on discount retail

Listing Contacts

CS
VA VA 0225196994
Cushman & Wakefield Thalhimer - Glen Allen, Virginia
Listed by Cushman & Wakefield Thalhimer - Glen Allen, Virginia

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$136,500.00
$11,375.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Catharine Spangler
License
VA 0225196994
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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