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Vacant-User

Dollar General

4815 Broad St Rd, Louisa, VA 23093

Listing Price: $2,224,000

Cap Rate
4.85%
Gross SF
10,566
Rentable SF
10,566
Price/Gross SF
$210.49
Lot Size
3.08 acres
Year Built
2022

Investment Overview

The subject property is a brand new 2022 construction ±10,566 square foot Dollar General located in Louisa (Louisa County), Virginia. Dollar General signed a fifteen-year triple net lease with five, five-year options to extend at 10% increases. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $49.5 billion and an annual revenue north of $33.75 billion.

Investment Highlights

  • Brand New 2022 Construction | Dollar General's Newest 10,566 sf. Prototype | Delivering in July 2022
  • The Asset is Located at the Corner of East Broad Street and Three Chopt Road with Traffic Counts of Over 2,400 Cars Per Day
  • Louisa is Approximately One Hour Northeast of Richmond | Richmond is the Capital of Virginia with a Population of 230,000
  • The City of Louisa is the County Seat of Louisa County
  • Dollar General is the Nation's Largest Discount Retailer with Over 18,000 Locations in 47 States | Ranked 91 on the 2021 Fortune 500 List
  • Investment Grade Tenant | Standard & Poor's "BBB" Rating | Founded in 1939
  • 2021 Net Sales of $34.22 Billion | Annual Same-Store Sales Growth In Each of Last 31 Years

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Vacant-User

Dollar General

Listing Price: $2,224,000

Cap Rate
4.85%
Gross SF
10,566
Rentable SF
10,566
Price/Gross SF
$210.49
Lot Size
3.08 acres
Year Built
2022

Investment Highlights

  • Brand New 2022 Construction | Dollar General's Newest 10,566 sf. Prototype | Delivering in July 2022
  • The Asset is Located at the Corner of East Broad Street and Three Chopt Road with Traffic Counts of Over 2,400 Cars Per Day
  • Louisa is Approximately One Hour Northeast of Richmond | Richmond is the Capital of Virginia with a Population of 230,000
  • The City of Louisa is the County Seat of Louisa County
  • Dollar General is the Nation's Largest Discount Retailer with Over 18,000 Locations in 47 States | Ranked 91 on the 2021 Fortune 500 List
  • Investment Grade Tenant | Standard & Poor's "BBB" Rating | Founded in 1939
  • 2021 Net Sales of $34.22 Billion | Annual Same-Store Sales Growth In Each of Last 31 Years

Investment Overview

The subject property is a brand new 2022 construction ±10,566 square foot Dollar General located in Louisa (Louisa County), Virginia. Dollar General signed a fifteen-year triple net lease with five, five-year options to extend at 10% increases. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $49.5 billion and an annual revenue north of $33.75 billion.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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