SRS Real Estate Partners
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners
$1,525,000
Dollar General - Chilhowie VA
Details
APN 53D2-A-48C
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,000
Units 1
Cap Rate 6.4%
NOI $97,642
Occupancy 100%
Tenancy Single
Lease Term 15.1
Lease Expiration 11/30/2036
Remaining Term 10.4
Rent Bumps Yes
Lease Options 5 (5-Year)
Price per SqFt $169
Year Built 2021
Acreage 21502.000
Investment Type Net Lease
Lease Commencement 11/08/2021
Ground Lease No
Retail | 6.40% CAP | 9,000 SqFt
Investment highlights
- Over 10 Years Remaining | Scheduled Rental Increases | Established Brand
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | Store Remodeled in 2025
- Across from Food City | Strong National/Credit Tenant Presence | Near Chilhowie High School
- Along W Lee Hwy | Interstate 81 | Excellent Visibility & Access
- Strong Demographics Within 10-mile Trade Area
Listing Contacts
SRS Real Estate Partners
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners
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
$97,642.00
$8,136.83/mo
Valuation Metrics
0
DSCR
6.4%
Cap Rate
6.4%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Title
Name
License
Is there information that looks off?
