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33957323
33957324

21550 Cox Rd, Sutherland, VA 23885

PC
SC 7016, SC
Furman Capital Advisors
RS
SC 81850, NC 304910
Furman Capital Advisors
LM
140061
Furman Capital Advisors
Listed by Furman Capital Advisors
$1,784,000
2 days on market
Updated 2 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,640
Cap Rate 6.50%
NOI $115,955
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Remaining Term 12.2
Rent Bumps Yes
Lease Options (5) 5 - Year
Price per SqFt $168
Year Built 2023
Acreage 2.180
Zoning B-2
Parking Spaces 33 spaces
Parking Per SqFt 3.10
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No
Ownership Fee Simple

Single Tenant Retail | Sutherland, VA

Marketing description

Furman Capital Advisors is pleased to offer the opportunity to purchase a recently constructed Dollar General located in Sutherland, Virginia.

Investment highlights

Attractive Long-Term NNN Lease Structure: Absolute NNN lease with ~ 12 years of remaining primary term and zero landlord responsibilities, featuring five 5-year renewal options with 10% increases, providing investors with long-term cash flow stability.

Corporate Dollar General Commitment: Dollar General is the nation's largest discount retailers and maintains an S&P BBB investment-grade credit rating, operating more than 20,000 stores across the U.S. and Mexico and generating approximately $40.6 billion in annual revenue.

Updated Construction: The property features the high quality design features including brick and hardy plank exterior walls and a metal roof.

Exceptional Foot Traffic Counts: Placer.ai ranks this Dollar General in the 87th percentile nationally and the 94th percentile within Virginia for annual customer visits, indicating performance that exceeds most comparable locations.

Affluent Consumer Base: A 5-mile average household income of $105,038 underscores the submarket's strong purchasing power that supports long-term tenant performance.

Direct Exposure to Major Regional Employment Center: Located directly across the street from a 1.2 million square foot Walmart logistics facility, the property is positioned adjacent to one of the area's largest employment generators that supports over 1,000 jobs and substantial daily traffic.

#1 Best Town to Visit: Situated within the Richmond MSA, the property benefits from its proximity to a community recognized by CNN as the #1 Town Among "America's 10 Best Towns to Visit." This national distinction underscores the area's strong tourism appeal, vibrant local economy, and growing regional profile, supporting sustained consumer activity and long-term commercial real estate demand.

Listing Contacts

PC
SC 7016, SC
Furman Capital Advisors
RS
SC 81850, NC 304910
Furman Capital Advisors
LM
140061
Furman Capital Advisors
Listed by Furman Capital Advisors

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Loan Amount
$0.00
Annual Debt Service
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$--
Annual Cash Flow
$115,955.00
$9,662.92/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

Map

Zoning

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B-2 CommercialGeneral CommercialGeneral Business
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Last updated Feb 16, 2026 For deeper zoning details, reports are available at Zoneomics

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