Listed by Marcus & Millichap - San Francisco
$1,320,000
Dollar General - Rural Retreat, VA
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,100
Net Rentable (SqFt) 9,100
Cap Rate 7.15%
NOI $94,339
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Expiration 09/30/2031
Remaining Term 5.2
Rent Bumps Yes
Lease Options Three, 5-Year
Year Built 2011
Acreage 1.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/11/2011
Ground Lease No
ABSOLUTE NNN | CORPORATE GUARANTY
Marketing description
Dollar General with 5+ years remaining on an absolute NNN lease, zero landlord responsibilities, and a corporate guaranty. Situated on a 1-acre lot along Lee Highway less than a mile from I-81, with a 13% rental increase in the first option period and three additional 5-year renewal options at 10% increases each.
Investment highlights
- 13% Rental Increase in First Option Period
- Absolute NNN Lease – Zero Landlord Responsibilities
- Corporate Guaranty from Dollar General Corporation
- Three, 5-year Options with 10% Rental Increases
- Large, 1+ acre lot on Lee Highway (U.S. Route 11)
- Strong visibility and access at the Lee Highway/Main Street 4-way signalized intersection
- Less than 1 mile from I-81 – the major north-south interstate through the eastern U.S.
- Next to Rural Retreat Elementary
Listing Contacts
Listed by Marcus & Millichap - San Francisco
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$94,339.00
$7,861.58/mo
Valuation Metrics
0
DSCR
7.15%
Cap Rate
7.15%
ROI
Map
Zoning
CG CommercialGeneral CommercialGeneral Commercial
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View all 28 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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