Dollar General for Sale in Sutherland, VA
Sutherland, VA
Key Investment Metrics
Price
$1,784,000
Cap Rate
6.5%
Net Operating Income
$115,955
Building Size
10640 SF
Land Area
2.18 Acres
Remaining Term
12.2 years
Lease Term
15 years
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
10% @ Each Option
Property overview
Dollar General in Sutherland
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,640 SF
- Land area
- 2.18 acres
- Year built
- 2023
- Lease type
- Absolute NNN
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.