Retail Space /VA /Smyth County /Sugar Grove /5409 Sugar Grove Hwy
Retail Space /VA /Smyth County /Sugar Grove /5409 Sugar Grove Hwy

5409 Sugar Grove Hwy - Freestanding FOR SALE


Sugar Grove, VA 24375 | 
$1,150,000 USD
202-276-2894
5409 Sugar Grove Hwy, Sugar Grove, VA for Sale
$1,150,000 USD
Freestanding - FOR SALE
1/2
null | 7.3% Cap Rate
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5409 Sugar Grove Hwy
Sugar Grove, VA 24375

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HIGHLIGHTS

  • Next Closest Dollar General Store is ~7 Miles Away
  • Absolute-Net Lease – Zero Landlord Responsibilities
  • Limited Competition in Underserved Retail Market
  • Fresh and Frozen Foods at Location
  • On Entrance Road to Mt. Rogers National Park
  • Low Operational Cost for Tenant

OVERVIEW

Sound Going-In Return of 7.3 Percent Cap Investment Grade Credit Tenant – BBB S&P.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

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

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