Listed by Matthews
$1,288,512
Dollar Tree | Richmond, VA MSA | 73,725 Residents | 8% CAP
Details
Property Type Retail
Sub Type Convenience Store, Pharmacy/Drug
Square Footage 11,278
Cap Rate 8.00%
NOI $103,080
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type NN
Lease Term 10
Lease Expiration 03/29/2031
Remaining Term 5
Rent Bumps Yes
Lease Options Five, 5-Year Options
Year Renovated 2021
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 03/14/2021
Pharmacy Backfill | 24,000 VEHICLES DAILY
Investment highlights
LEASE & LOCATION
- 2021 Renovation to Suit for Dollar Tree
- Located within the Richmond, VA MSA
- 5-Mile population in excess of 73,725 Residents
- Traffic Counts on S. Crater Rd exceeding 23,530 VPD
- Nearby national tenants include McDonalds, Autozone, CVS, NTB, Food Lion, 7-Eleven, Hardees, and Wendy's
- Extremely strong corporately guaranteed lease
- Five, 5-Year Options, all of which include an attractive rental increase
Listing Contacts
Listed by Matthews
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$103,080.00
$8,590.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
Map
Zoning
B-1 CommercialSpecial CommercialShopping Center District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 7 uses
View all 7 uses Last updated May 13, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
