2218 Smith Mountain Lake Pky | Huddleston, VA 24104
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2218 Smith Mountain Lake Pky
Huddleston, VA 24104
Dollar General · Retail Property For Sale
Investment Highlights
- Strong Corporate Guaranty – Dollar General Corporation (NYSE: DG) carries an investment grade credit rating of BBB (S&P) and a $55 Billion market cap.
- Zero Landlord Responsibility – Absolute NNN Lease offers a secure and passive investment.
- Proven Concept – Dollar General is the market leader in Dollar Stores, and currently has ±18,000 locations nationwide.
- Long-Term Investment – Dollar General has over 11 years remaining on the lease, providing a long-term passive investment.
- Rental Increases – 10% increases in the 5, 5-year options.
- Limited Competition – Site is the only national dollar store in the area, limiting its competition to provide goods and services to the community
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,100 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Land Acres
1.43 AC
Parking
25 Spaces (2.74 Spaces per 1,000 SF Leased)
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