1055 E Valley Dr - Freestanding FOR SALE


Bristol, VA 24201
$1,127,714 USD
714-504-0262
1055 E Valley Dr, Bristol, VA for Sale
$1,127,714 USD
Freestanding - FOR SALE
1/6
null | 7% Cap Rate

1055 E Valley Dr
Bristol, VA 24201


OVERVIEW

This Dollar General property presents a stable, income-generating opportunity with an absolute NNN lease structure. The tenant assumes full responsibility for taxes, insurance, maintenance, and operating expenses, delivering consistent, hands-off cash flow for the investor. Backed by Dollar General’s corporate guaranty, this asset offers security and reliability through a lease term extending to June 2031 with five renewal options. Built-in rent escalations of 10% at each renewal provide long-term income growth potential. Constructed in 2016, this freestanding building occupies a 3.14-acre parcel along a visible and easily accessible retail corridor. The site features a modern prototype building with ample parking and efficient ingress and egress. Positioned within a strong trade area, the location benefits from steady consumer traffic and proximity to residential communities and major roadways, ensuring sustained retail demand. This investment aligns with the objectives of buyers seeking predictable returns from a nationally recognized tenant with strong credit. With minimal landlord obligations and an existing term exceeding five years, the asset combines stability, growth potential, and location advantage in one compelling offering.

FOR SALE DETAILS

PRICE

$1,127,714 USD

PRICE/SF

$124 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

3.14 AC

LAND SF

136,778 SF

ZONING

B-1

APN/PARCEL ID

20/1/6A,384/A/1,384/A/2

ASK ABOUT THIS PROPERTY

Arthur FloresCBRE, Inc.More Info
714-504-0262

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Arthur FloresCBRE, Inc.More Info
714-504-0262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.