Dollar General
Single-Tenant Offerings
Dollar General
10559 N Valley Pike
Broadway (Harrisonburg MSA), VA
- Price:
- $1,801,000
- Cap Rate:
- 6.35%
- NOI:
- $114,336
- Rentable SQFT:
- 10,542 SF
- Year Built:
- 2022
- Lot Size:
- 3 +/- 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 18,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New 2022 Construction on Large Oversized Lot
- Serving Over 81,000 Residents in Rockingham County
- Household Income Exceeds $81,000 within 3 and 5 Miles
- Strategic Location, Nearest Dollar Store is Over 5 Miles Away
- Highly Visible Along Major North/South Artery with 6,000 Cars/Day, Direct Access to Downtown Harrisonburg
- Just Off I-81 with 44,000 Cars/Day, One of the Busiest Highways in the State
- Minutes to James Madison University with 21,590 Students
- Close Proximity to Shenandoah National Park with 1.7+ Million Visitors Annually
- Situated in the Heart of the Appalachian Region, Tourism is the Fastest-Growing Industry
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