5409 Sugar Grove Hwy - Freestanding FOR SALE


Sugar Grove, VA 24375
$1,120,000 USD
202-276-2894
5409 Sugar Grove Hwy, Sugar Grove, VA for Sale
$1,120,000 USD
Freestanding - FOR SALE
1/2
null | 7.5% Cap Rate

5409 Sugar Grove Hwy
Sugar Grove, VA 24375


HIGHLIGHTS

  • Store Interior Remodel Completed 2025
  • Absolute-Net Lease - Zero Landlord Responsibilities
  • Proximate to Mt. Rogers National Recreation Area

OVERVIEW

- Store Interior Remodel Completed 2025 - Sound Going-In Return of 7.50 Percent Cap - Absolute-Net Lease - Zero Landlord Responsibilities - Investment Grade Credit Tenant - BBB S&P - Proximate to Mt. Rogers National Recreation Area - Next Closest Dollar General Store Is ~7 Miles Away - Store Has Fresh and Cold-Store Food Products - Excellent Visibility on Elevated Parcel - Located on the Main East-West Roadway - Seasoned and Proven Location Delivered Oct. 2017 - Low Rent of $11.21/SF Improves Unit Profitability

FOR SALE DETAILS

PRICE

$1,120,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

71F-6-5

ASK ABOUT THIS PROPERTY

Michael EarlyMarcus & MillichapMore Info
202-276-2894

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Michael EarlyMarcus & MillichapMore Info
202-276-2894

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