Dollar General
Single-Tenant Offerings
Dollar General
17448 Main Street
Buchanan, VA
- Price:
- $2,062,000
- Cap Rate:
- 6.35%
- NOI:
- $130,950
- Rentable SQFT:
- 12,480 SF
- Year Built:
- 2023
- Lot Size:
- 1.55 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation of High-Performing Store, Proven Concept in the Trade Area
- Upgraded Store, Larger Format with Expanded Produce/Grocery Offerings
- 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 33,800 Residents in Botetourt County
- Strategic Location and Competition Void, Closest Dollar General is Over 11 Miles Away
- Average Household Income Exceeds $73,000 in the Primary Trade Are
- Highly Visible Along Major North/South Artery, Direct Access to Downtown Roanoke and Winchester
- Just North of Blue Ridge Parkway with 15.1 Million Annual Visitors, the Longest Linear Park in the U.S.
- Close Proximity George Washington and Jefferson National Forest with Approximately 2 Million Visitors Annually
- Situated in the Heart of the Appalachian Region where Tourism is the Fastest Growing Industry
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