Dollar General
Single-Tenant Offerings
Dollar General
US Hwy. 11 (Lee Hwy.)
Bristol, VA
- Price:
- $2,311,000
- Cap Rate:
- 6.70%
- NOI:
- $154,806
- Rentable SQFT:
- 10,566 SF
- Year Built:
- 2024
- Lot Size:
- 1.47 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant (BBB Rating by S&P), Largest Retailer in the U.S. with 19,000+ Stores
- Brand New Construction on an Oversized Parcel
- Serving Over 47,000 Residents in Dense Trade Area, Average HHI of $73,000+ in 1-Mile Radius
- Just Off I-81 with 55,500 Cars/Day, Direct Access to Roanoke and Downtown Knoxville
- Bristol Attracts Shoppers from 12 Counties with Approximately 250,000 Residents, Lower Sales Tax in Virginia Drives Higher Retail Sales
- Regional Retail Hub with 3+ Million Shoppers/Year, Nearby Walmart, Sam’s Club, Lowe’s, Home Depot, Hobby Lobby, Food City, Aldi, Tractor Supply, Chick-fil-A, McDonald’s and More
- Strong Daytime Population, Over 19,700 Employees in the Immediate Trade Area
- Surrounded by Several K-12 Schools with Approximately 5,000 Students
- Minutes to New $400 Million Hard Rock Hotel & Casino Development, Projected to Attract 3 Million Visitors Annually
- Close Proximity to Bristol Motor Speedway with NASCAR Racing and NHRA Drag Racing Events
- West of Mt. Rogers with Approximately 5 Million Visitors Annually
- Situated in the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
Registration/Client Login
Lost Password?Not Registered?
In order to view the Marketing Package and join our distribution list, please complete the fields below.