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31603755

15967 N James Madison Hwy, Dillwyn, VA 23936

CS
VA 0225232789
Commonwealth Commercial Partners
Listed by Commonwealth Commercial Partners
$775,000
61 days on market
Updated 61 days ago

Family Dollar | 15967 N. James Madison Hwy | Dillwyn, VA

Details
Property Type Retail
Sub Type Storefront
Square Footage 10,832
Cap Rate 8.13%
NOI $63,000
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NNN
Rent Bumps Yes
Price per SqFt $72
Buildings 1
Zoning B-2
Investment Type Net Lease
Tenant Credit Corporate Guarantee, Credit Rated
Occupancy Date 01/22/2004
Ground Lease No

Retail | 8.13% CAP | 10,832 SqFt

Marketing description

Dillwyn Family Dollar at 15967 N. James Madison Hwy, Dillwyn, VA 23936 offers an attractive opportunity to acquire a freestanding retail investment in a well-established rural trade area. This 10,832± SF building is leased to Family Dollar on a NNN basis, providing investors with stable cash flow and a straightforward ownership structure. Positioned along N. James Madison Highway, the property benefits from visibility and convenient access in the heart of Dillwyn’s primary retail corridor. The surrounding area features a complementary mix of national and local retailers, while limited nearby competition helps support strong long-term tenant performance. Offered at $775,000, this asset presents an appealing entry point for investors seeking dependable income from a recognized national discount retailer. Area demographics further reinforce the investment, with average household incomes of approximately $92,319 within 3 miles, $90,989 within 5 miles, and $84,179 within 10 miles. This is a compelling chance to secure a stable, single-tenant retail asset with long-term appeal in a community-oriented market.

Listing Contacts

CS
VA 0225232789
Commonwealth Commercial Partners
Listed by Commonwealth Commercial Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$63,000.00
$5,250.00/mo

Valuation Metrics

0
DSCR
8.13%
Cap Rate
8.13%
ROI

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