Dollar General
Single-Tenant Offerings
Dollar General
Stewartsville Road
Bedford (Roanoke MSA), VA
- Price:
- $1,961,000
- Cap Rate:
- 6.35%
- NOI:
- $124,503
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2023
- Lot Size:
- 1.93 +/- 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 80,000 Residents in Bedford County, 20 Miles East of Roanoke and 33 Miles Southwest of Lynchburg
- Strategic Location, Closest Dollar Store is Approximately 7 Miles Away
- Average Household Income Exceeds $73,000 in the Primary Trade Area
- Highly Visible Along Major East/West Artery, Direct Access to Downtown Roanoke
- Just South of Shenandoah National Park with Over 1.5 Million Visitors Annually
- Close Proximity George Washington and Jefferson National Forest (2 Million Visitors/Year) and Smith Mountain Lake State Park (500,000 Visitors/Year)
- Situated in the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
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