216 E Main St - Freestanding FOR SALE


Saltville, VA 24370
$1,475,000 USD
314-562-1906
216 E Main St, Saltville, VA for Sale
$1,475,000 USD
Freestanding - FOR SALE
1/5
null | 7.36% Cap Rate

216 E Main St
Saltville, VA 24370


OVERVIEW

Absolute NNN Lease – Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities Recent Extension – Dollar General Singed a Brand New 10-Year Lease Extension in July 2024 Lease Term – Over 9 Years Remaining on the Base Lease Term 2012 Construction – Dollar General has successfully operated here for 13+ Years Demographics – 7-Mile Population of ±10,695 Residents AHHI – Average Household Income of $74.1k within a 7-Mile Radius of the Site Trade Area – 700ft Proximity to Northwood High School (240+ Students) Limited Competition – Sole Discount Realtor in Saltville

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

7.36%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

B-2

APN/PARCEL ID

28A8-3-1

ASK ABOUT THIS PROPERTY

Davis JohnsonMatthews Real Estate Investment ServicesMore Info
314-562-1906

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Davis JohnsonMatthews Real Estate Investment ServicesMore Info
314-562-1906

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