Dollar General Market
Single-Tenant Offerings
Dollar General Market
Copperhead Road & Helen Henderson Hwy.
Honaker, VA
- Price:
- $2,037,000
- Cap Rate:
- 6.75%
- NOI:
- $137,480
- Rentable SQFT:
- 12,687 SF
- Year Built:
- 2024
- Lot Size:
- 1.34 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Items
- 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 25,500 Residents in Russell County
- Strategic Location, Nearest Dollar Store is Over 11 Miles Away
- Competition Void, High Need for Goods and Services
- Highly Visible Along Major North/South Artery
- Close Proximity to Daniel Boone National Forest, Panther State Forest, and Cabwaylingo State Forest
- Situated in the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
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