15967 N James Madison Hwy - Freestanding FOR SALE


Dillwyn, VA 23936
$775,000 USD
804-368-6332
15967 N James Madison Hwy, Dillwyn, VA for Sale
$775,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

15967 N James Madison Hwy
Dillwyn, VA 23936


HIGHLIGHTS

  • Single-tenant retail property leased to Family Dollar, a nationally recognized brand.
  • Triple-net lease structure offering passive investment and minimal landlord responsibilities.
  • 10,832± SF building positioned along a high-visibility corridor in Dillwyn’s retail district.
  • Offered at $775,000 with an approximate cap rate of 8.13%, supporting attractive income potential.
  • Limited competitive retail presence in the immediate area, bolstering long-term tenant viability.
  • Part of a stable trade area with complementary retail mix and sustained consumer demand.

OVERVIEW

15967 N James Madison Highway in Dillwyn, VA presents an attractive opportunity to acquire a fully leased single-tenant retail investment. This 10,832± square-foot freestanding building is occupied by Family Dollar under a long-term, triple-net (NNN) lease, ensuring stable cash flow and a simplified ownership structure for investors. With an asking price of $775,000 and a reported cap rate of approximately 8.13%, the property offers an appealing entry point for those seeking consistent income from a nationally recognized retailer. Located in the heart of Dillwyn’s primary commercial corridor, the asset benefits from strong visibility and ease of access along North James Madison Highway. The surrounding area features a complementary mix of national and regional retailers, reinforcing the location's role as a key retail destination in this rural trade area. Limited nearby competition further enhances tenant performance stability, making this a reliable long-term investment. The Dillwyn market continues to support retail resilience through a loyal community base and limited development pressure, creating enduring demand for essential services. This acquisition not only provides safe, predictable returns but positions investors within a market that fosters consistent occupancy and tenant stability.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dillwyn Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

-

APN/PARCEL ID

138-0-0-11-0

ASK ABOUT THIS PROPERTY

Coleman StewartCommonwealth Commercial PartnersMore Info
804-368-6332

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Coleman StewartCommonwealth Commercial PartnersMore Info
804-368-6332

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