4801 Cleburne Blvd - Convenience Store FOR SALE


Dublin, VA 24084
$1,493,500 USD
678-613-7327
4801 Cleburne Blvd, Dublin, VA for Sale
$1,493,500 USD
Convenience Store - FOR SALE
1/1
null | 7.7% Cap Rate

4801 Cleburne Blvd
Dublin, VA 24084


HIGHLIGHTS

  • Easy and established Dollar Tree just off I-81, serving an area with limited grocery and consumer options.
  • Quality 2023 construction of a ±10,00 SF building on busy Cleburne Blvd with over ±16,000 VPD.
  • Minimal landlord responsibilities.
  • Strong local, business and tourist drivers support the continued success of this store.
  • Corporate lease backed by Chesapeake, VA based Dollar Tree with over ±9,000 in the US.

OVERVIEW

Investors seeking an established Dollar Tree - this IS THE ONE! Located in Dublin, VA, just one mile from Interstate 81, this store is a favorite to both locals and travelers alike. As dollar stores go, this one has it all - traffic counts over ±16,000 VPD, a five-mile population of over ±15,940 AND average household income of $76,880. Dublin has limited grocery and consumer options in the immediate area making this an “essential business” for locals, nearby businesses, and the growing tourist industry. This ±10,000 SF Dollar Tree opened in late 2023 and sits on over 2 acres. The 10-year NN+ lease has over 6 ½ years remaining on the initial term with several options. Landlord responsibilities are limited and the Tenant is responsible for reimbursement of taxes and property insurance, all interior and grounds maintenance including HVAC repairs. Dublin is home to the largest Volvo Truck Assembly Plant in the world and is known for the beauty of a major outdoor attraction, Claytor Lake State Park which spans over ±4,200 acres. The lease is guaranteed by Chesapeake, VA based Dollar Tree with over 9000 locations and growing.

FOR SALE DETAILS

PRICE

$1,493,500 USD

PRICE/SF

$149 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

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

-

ASK ABOUT THIS PROPERTY

Nancy MillerBull Realty Inc.More Info
678-613-7327

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Nancy MillerBull Realty Inc.More Info
678-613-7327

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