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Dollar General | Upgraded Construction | Dense Residential Area

2210 Portsmouth Blvd, Portsmouth, VA 23704

Listing Price: $1,500,000

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
6.4
Guarantor
Corporate Guarantee
Rentable SF
7,500
Lease Type
Absolute Net
Rent Per Square Feet
$13.66

Investment Overview

Upgraded construction Dollar General prototype with 6.5+ years remaining on an absolute NNN lease, zero landlord responsibilities, and a separate corporate guaranty. Situated in a dense Portsmouth neighborhood minutes from Norfolk Naval Shipyard — the largest naval industrial facility in the country — with 85,000+ residents within 5 miles and five 5-year renewal options at 10% increases each.

Investment Highlights

  • Upgraded Construction Prototype
  • Absolute NNN Lease - Zero Landlord Responsibilities
  • Corporate Guaranty

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Discount

Dollar General | Upgraded Construction | Dense Residential Area

Listing Price: $1,500,000

Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
6.4
Guarantor
Corporate Guarantee
Rentable SF
7,500
Lease Type
Absolute Net
Rent Per Square Feet
$13.66

Investment Highlights

  • Upgraded Construction Prototype
  • Absolute NNN Lease - Zero Landlord Responsibilities
  • Corporate Guaranty

Investment Overview

Upgraded construction Dollar General prototype with 6.5+ years remaining on an absolute NNN lease, zero landlord responsibilities, and a separate corporate guaranty. Situated in a dense Portsmouth neighborhood minutes from Norfolk Naval Shipyard — the largest naval industrial facility in the country — with 85,000+ residents within 5 miles and five 5-year renewal options at 10% increases each.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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