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Dollar General 6113 Boonsboro Rd

7,397 SF Retail Building Lynchburg, VA 24503 $1,280,122 ($173/SF) 7% Cap Rate

Investment Highlights

  • NNN Lease/Zero Landlord Responsibilities
  • Early extension of 5 Year Option extending the Term from 2028 to 2033
  • Average Annual HH Income exceeds $135K within a 3 Mile Radius
  • 8+ Years Remaining on the Lease
  • Population exceeds 36K Residents within a 5 Mile Radius

Executive Summary

Exclusive Realty is pleased to present this prime retail opportunity offers a well-maintained, 7,397 SF free-standing building comprising one unit, ideal for retail investment. Constructed in 2013, the property exudes modern appeal and structural integrity. With its strategic position in the Lynchburg area, the property benefits from high visibility and accessibility, ensuring a steady flow of traffic. The building's contemporary design and optimal layout present an attractive canvas for retail business, making it a compelling prospect for investors seeking a lucrative retail property in Lynchburg.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,397 SF
Building Class
B
Year Built
2013
Price
$1,280,122
Price Per SF
$173
Cap Rate
7%
NOI
$89,608
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
1.20 AC
Zoning
B3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
206-03-001
Land Assessment
$210,000
Improvements Assessment
$1,010,000
Total Assessment
$1,220,000
  • Listing ID: 33448106

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 6113 Boonsboro Rd, Lynchburg, VA 24503

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