Dollar General | 819 Blue Ridge Rd
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Dollar General 819 Blue Ridge Rd
8,215 SF Retail Building Glasgow, VA 24555 $610,000 ($74.25/SF) 9.69% Cap Rate
EXECUTIVE SUMMARY
Dollar General store 6395 which is a 8125 sf store concept is nestled in scenic Glasgow, VA. The area’s proximity to attractions like the Blue Ridge Parkway and Natural Bridge State Park provides a steady flow of visitors. The stores current NOI is $59,090.4. The current lease structure has a 3rd and final option with a five year term, the NOI will increase to $64,999.32.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,215 SF
Year Built
2005
Price
$610,000
Price Per SF
$74.25
Cap Rate
9.69%
NOI
$59,090
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.03 AC
Zoning
R1
PROPERTY TAXES
| Parcel Number | 108A6-1152-C | Improvements Assessment | $659,200 |
| Land Assessment | $60,000 | Total Assessment | $719,200 |
PROPERTY TAXES
Parcel Number
108A6-1152-C
Land Assessment
$60,000
Improvements Assessment
$659,200
Total Assessment
$719,200
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Dollar General | 819 Blue Ridge Rd
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