Dollar General
Single-Tenant Offerings
Dollar General
Kentucky Springs Rd. & Haley Dr.
Mineral, VA
- Price:
- $1,623,000
- Cap Rate:
- 6.40%
- NOI:
- $103,866
- Rentable SQFT:
- 9,100 SF
- Year Built:
- 2021
- Lot Size:
- 2.857 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Avaialble
Investment Highlights
- 15-Year Absolute NNN Lease
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- 10% Increases Every 5 Years Beginning in Each Option Period
- Brand New 2021 Construction
- Dollar General has Reported 31 Consecutive Quarters of Same-Store-Sales Growth
- Classified Nationally as an “Essential Retailer” for Daily Shopping Needs
- Serving Over 27,600 Residents in Louisa County
- Affluent Trade Area, Average Household Income Exceeds $96,000 within 3 Miles and $102,000 within 5 Miles
- Hard Corner Location at Four-Way Intersection, Highly Visible Along Major Artery
- Strategic Location, Underserved Retail Trade Area with High Need for Goods and Services
- Just West of Lake Anna with Over 400,000 Annual Visitors
- 50 Miles Northwest of Richmond and 85 Miles Southwest of Washington D.C.
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