Discount
Family Dollar
555 Fort Chiswell Rd, Max Meadows, VA 24360
Listing Price: $1,300,786
Investment Overview
555 Fort Chiswell Road Offers a Secure, Corporate-Backed NN Net-Lease with Family Dollar in its First extension Period Through September?30,?2027, Ensuring Contractual Occupancy and Predictable Income. At $11.38 PSF NN, the Current Rent Reflects a Premium to Historical Averages, and the Recent $1.01 billion Acquisition of Family Dollar by Brigade Capital Management and Macellum Capital Management Further Strengthens the Tenant’s Balance Sheet, Drawing on Brigade’s History of Driving Operational efficiency Across Retail Portfolios and Macellum’s Proven Expertise in Value-Creation Through Strategic Asset Repositioning. Together, These Sponsors Bring Decades of Combined Experience in Optimizing Net-Lease Investments, Having Successfully Executed Over $5 billion in Retail Transactions Globally.
Investment Highlights
- Double NN
- Rent $11.38 PSF
- Zoning B-2 Business
- Rent to Sales Ratio
- Strong Local Demographics & Income Profile
- Limited Discount Retail Competition Nearby
- 3 Extensions Every 5 Years With 3% Rent Increases
- Percentage Rent Equal to 3% of Gross Sales in Excess of $2,759,233
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director / Market Leader
Financing By
Listing Price: $1,300,786
Investment Highlights
- Double NN
- Rent $11.38 PSF
- Zoning B-2 Business
- Rent to Sales Ratio
- Strong Local Demographics & Income Profile
- Limited Discount Retail Competition Nearby
- 3 Extensions Every 5 Years With 3% Rent Increases
- Percentage Rent Equal to 3% of Gross Sales in Excess of $2,759,233
Investment Overview
555 Fort Chiswell Road Offers a Secure, Corporate-Backed NN Net-Lease with Family Dollar in its First extension Period Through September?30,?2027, Ensuring Contractual Occupancy and Predictable Income. At $11.38 PSF NN, the Current Rent Reflects a Premium to Historical Averages, and the Recent $1.01 billion Acquisition of Family Dollar by Brigade Capital Management and Macellum Capital Management Further Strengthens the Tenant’s Balance Sheet, Drawing on Brigade’s History of Driving Operational efficiency Across Retail Portfolios and Macellum’s Proven Expertise in Value-Creation Through Strategic Asset Repositioning. Together, These Sponsors Bring Decades of Combined Experience in Optimizing Net-Lease Investments, Having Successfully Executed Over $5 billion in Retail Transactions Globally.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director / Market Leader
Financing By

