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Discount

Dollar General Mini Market | New 15-Year Absolute NNN | 5% Increases Every 5 Years

Max Meadows Rd, Max Meadows, VA 24360

Listing Price: $1,858,000

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
5.4
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$12.05

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Mini Market in Max Meadows, VA.

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 with Expanded Produce/Grocery Items
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Nation's Largest Retailer with 20,000+ Stores
  • Brand New 2025 Construction on an Oversized Parcel
  • Strategic Location, Nearest Dollar General Market is 37+ Miles Away
  • Serving Over 28,000 Residents in Wythe County, Southwest of Roanoke

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Discount

Dollar General Mini Market | New 15-Year Absolute NNN | 5% Increases Every 5 Years

Listing Price: $1,858,000

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
5.4
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$12.05

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 with Expanded Produce/Grocery Items
  • Investment Grade Credit Tenant, Rated 'BBB' by S&P
  • Dollar General is the Nation's Largest Retailer with 20,000+ Stores
  • Brand New 2025 Construction on an Oversized Parcel
  • Strategic Location, Nearest Dollar General Market is 37+ Miles Away
  • Serving Over 28,000 Residents in Wythe County, Southwest of Roanoke

Investment Overview

Marcus & Millichap is pleased to present the Dollar General Mini Market in Max Meadows, VA.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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