Dollar General
Single-Tenant Offerings
Dollar General
Flanary Bridge Rd. & Route 58
Jonesville, VA
- Price:
- $1,627,000
- Cap Rate:
- 6.70%
- NOI:
- $109,000
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2023
- Lot Size:
- 2.19 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Largest Retailer in the U.S. with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Construction on an Oversized Parcel
- Serving Over 22,000 Residents in Lee County
- Strategic Location, Nearest Dollar Store is Over 8.5 Miles Away
- Hard Corner Location at Three-Way Intersection, Major East/West Artery
- Just West of Daniel Boone National Forest (2.5 Million Visitors/Year) and Cumberland Gap National Historic Park (1 Million Visitors/Year)
- Close Proximity to Kentucky Ridge State Forest, Chuck Swan State Forest, and Panther State Forest
- Situated in the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
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