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Family Dollar

3632 Jeb Stuart Hwy, Meadows of Dan, VA 24120

Listing Price: $1,012,121

Cap Rate
8.25%
Tenant Name
Family Dollar
Years Remaining On Lease
2.8
Gross SF
8,320
Guarantor
Corporate Guarantee
Rentable SF
8,320
Price/Gross SF
$121.65
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.04

Investment Overview

Marcus and Millichap is please to present this Family Dollar Single Tenant NNN Leased Investment with minimal landlord responsibility located in Meadows of Dan, VA. Strategically placed on US Route 58 the subject property has outstanding visibility and exposure to over ±8,900 cars per day with a population density of ±1,850 residents within a 5-mile radius.

The ±8,320 square-foot building sits on 1.55 acres lot fronting Jeb Stuart Hwy centrally located within the unincorporated community of Meadows of Dan just over 51 miles east of Wytheville (population 8,200) and about 55 miles south of The Roanoke MSA (population 315,000+), the most populous area in Virginia west of the state capital Richmond. The property has minimal local competition with only one other national brand nearby.

Investment Highlights

  • Leased Investment with minimal landlord responsibility
  • Strategically placed on US Route 58
  • Three years remaining on 10-year original lease

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director / Market Leader

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Listing Price: $1,012,121

Cap Rate
8.25%
Tenant Name
Family Dollar
Years Remaining On Lease
2.8
Gross SF
8,320
Guarantor
Corporate Guarantee
Rentable SF
8,320
Price/Gross SF
$121.65
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.04

Investment Highlights

  • Leased Investment with minimal landlord responsibility
  • Strategically placed on US Route 58
  • Three years remaining on 10-year original lease

Investment Overview

Marcus and Millichap is please to present this Family Dollar Single Tenant NNN Leased Investment with minimal landlord responsibility located in Meadows of Dan, VA. Strategically placed on US Route 58 the subject property has outstanding visibility and exposure to over ±8,900 cars per day with a population density of ±1,850 residents within a 5-mile radius. The ±8,320 square-foot building sits on 1.55 acres lot fronting Jeb Stuart Hwy centrally located within the unincorporated community of Meadows of Dan just over 51 miles east of Wytheville (population 8,200) and about 55 miles south of The Roanoke MSA (population 315,000+), the most populous area in Virginia west of the state capital Richmond. The property has minimal local competition with only one other national brand nearby.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director / Market Leader

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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