4801 Cleburne Blvd - Convenience Store FOR SALE
Dublin, VA 24084 |
$1,533,000 USD
914-498-2225
4801 Cleburne Blvd
Dublin, VA 24084
HIGHLIGHTS
- Over 7 Years Remaining | Scheduled Rental Increases | Established Brand
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Dense Retail Corridor | Strong National/Credit Tenant Presence | New River Community College
- Located Along Cleburne Blvd | Interstate 81 | Excellent Visibility
- Strong Demographics In 5-mile Trade Area
OVERVIEW
• The tenant currently has over 7 years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features $0.50/SF increases at the beginning of each option, growing NOI and hedging against inflation
• Dollar Tree, a Fortune 200 Company, operated 16,590 stores across 48 states and five Canadian provinces as of November 2, 2024
FOR SALE DETAILS
PRICE
$1,533,000 USD
PRICE/SF
$153 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar Tree
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
41
LAND DETAILS
LAND ACRES
2.24 AC
LAND SF
97,574 SF
ZONING
CM
APN/PARCEL ID
056-015-0003-000,056-015-0003-0001,056-015-0003-002A
ASK ABOUT THIS PROPERTY
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914-498-2225
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914-498-2225
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