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Dollar General 12428 Booth Rd

10,640 SF Retail Building Stony Creek, VA 23882 $1,631,000 ($153/SF) 6.75% Cap Rate

Retail Space Virginia Stony Creek 12428 Booth Rd, Stony Creek, VA 23882

Executive Summary

Desirable Lease Terms: Brand new 15 year absolute NNN lease
Minimal Landlord Responsibilities: Absolute NNN lease with ZERO landlord responsibilities
Brand New Construction: 2023/2024 build-to-suit for Dollar General; Rent commencement in February 2024
Corporate Dollar General Lease: Over 19,000 locations in 48 states with revenues in excess of $37.8 billion and a $27.79 Billion market cap
Investment Grade Tenant: Dollar General holds an S&P BBB credit rating

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Building Class
B
Year Built
2024
Price
$1,631,000
Price Per SF
$153
Cap Rate
6.75%
NOI
$110,073
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.17 AC
Zoning
C - Commercial
Parking
38 Spaces (3.57 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
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PROPERTY TAXES

Parcel Number 66-A-19 Improvements Assessment $5,000
Land Assessment $269,800 Total Assessment $274,800

PROPERTY TAXES

Parcel Number
66-A-19
Land Assessment
$269,800
Improvements Assessment
$5,000
Total Assessment
$274,800
(864) 235-6855

Contacts

  • Listing ID: 30057791

  • Date on Market: 11/14/2023

  • Last Updated:

  • Address: 12428 Booth Rd, Stony Creek, VA 23882

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Dollar General | 12428 Booth Rd
(864) 235-6855 x

Dollar General | 12428 Booth Rd

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Robert Schmidt, CCIM

(864) 235-6855

(864) 235-6855

Peter Couchell, CCIM

(864) 235-6855

(864) 235-6855

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