Skip to main content

Grocery Store

Dollar General

33156 Lankford Hwy, Painter, VA 23420

Listing Price: $1,755,000

Cap Rate
5.95%
Tenant Name
Dollar General
Years Remaining On Lease
7.5
Gross SF
9,026
Guarantor
Corporate Guarantee
Rentable SF
9,026
Price/Gross SF
$194.44
Lease Type
Absolute Net
Rent Per Square Feet
$11.86

Investment Overview

Marcus & Millichap is pleased to present exclusively for sale the 9,026 square foot Dollar General located at 33156 Lankford Highway in Painter, Virginia. The subject property is strategically located along Lankford Highway with outstanding visibility and exposure to the over 19,000 vehicles per day that pass by the location. The locations boast a strong total population, and Household Income demographics along with consumer spending within a five-mile radius of the location.

Investment Highlights

  • Approximately Seven Years and Nine Months Remaining in the Initial 15-Year Lease Term (11/30/2029)
  • Absolute NNN Lease with Zero Landlord Responsibilities
  • Strong Corporate Guaranty - Dollar General Corporation is Rated "BBB" by S&P with over 17,266 Locations

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Grocery Store

Dollar General

Listing Price: $1,755,000

Cap Rate
5.95%
Tenant Name
Dollar General
Years Remaining On Lease
7.5
Gross SF
9,026
Guarantor
Corporate Guarantee
Rentable SF
9,026
Price/Gross SF
$194.44
Lease Type
Absolute Net
Rent Per Square Feet
$11.86

Investment Highlights

  • Approximately Seven Years and Nine Months Remaining in the Initial 15-Year Lease Term (11/30/2029)
  • Absolute NNN Lease with Zero Landlord Responsibilities
  • Strong Corporate Guaranty - Dollar General Corporation is Rated "BBB" by S&P with over 17,266 Locations

Investment Overview

Marcus & Millichap is pleased to present exclusively for sale the 9,026 square foot Dollar General located at 33156 Lankford Highway in Painter, Virginia. The subject property is strategically located along Lankford Highway with outstanding visibility and exposure to the over 19,000 vehicles per day that pass by the location. The locations boast a strong total population, and Household Income demographics along with consumer spending within a five-mile radius of the location.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

MM Texture Background
MM Textured Background Lower