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Dollar Tree 524 W 29th St

10,000 SF 4-Star Retail Building Buena Vista, VA 24416 $2,073,103 ($207/SF) 7.25% Cap Rate

Retail Space Virginia Buena Vista 524 W 29th St, Buena Vista, VA 24416

Investment Highlights

  • New construction
  • Access to I-501
  • Investment

Executive Summary

• Brand new construction 10,000 SF Dollar Tree located in Buena Visa, VA.
• The store was delivered to Dollar Tree in June 2024 and is projected to open early fall 2024.
• Brand new 10-year corporate guaranteed NN Lease with Dollar Tree.
• Tenant is responsible for taxes, Insurance, HVAC, Utilities, and Parking Lot Maintenance.
• Landlord responsibilities are limited to Roof and Structure.
• $.50/SF rent increases in each of the four, 5-year option periods.

Attachments

Other

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
10,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$2,073,103
Price Per SF
$207
Cap Rate
7.25%
NOI
$150,300
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-1 - Business Zoning
Frontage
82 FT on West 29th Street

Amenities

  • Air Conditioning
  • Smoke Detector
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524 W 29th St, Buena Vista, VA - aerial map view - Image8
(423) 752-0177

Contact

  • Listing ID: 32462620

  • Date on Market: 7/15/2024

  • Last Updated:

  • Address: 524 W 29th St, Buena Vista, VA 24416

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Dollar Tree | 524 W 29th St
(423) 752-0177 x

Dollar Tree | 524 W 29th St

Jack Martin

(423) 752-0177

(423) 752-0177

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