Retail Business for Sale in Dante, VA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Dante, VA 24237
Description
Marcus & Millichap is pleased to present the Dollar General in Dante, VA. Investment Highlights: • 15-Year Absolute NNN Lease, No Landlord Responsibilities • Rare 5% Rental Increases Every 5 Years in Base Term and Options • Investment Grade Credit Tenant, Rated 'BBB' by S&P • Dollar General is the Nation's Largest Retailer with 20,600+ Stores • Brand New Construction, Oversized Parcel • Strategic Location in the Heart of the Appalachian Region, Serving Millions of Outdoor Recreation Enthusiasts Annually • Nearest Dollar General is Over 7 Miles Away, Only One Other Dollar General in a 19-Mile Radius • Great Access and Exposure Along Major North/South Artery
Market Context
This retail in Dante, VA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Dante, VA — <a href="/search/sale/retail/virginia/dante">view the full market</a>.
Contact
- Phil Sambazis · (858) 373-3174 · phil.sambazis@marcusmillichap.com
- Brian Hosey · (202) 536-3700
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