216 E. Main Street
Saltville, VA 24370 ·
9,100 SF · Retail For Sale
Dollar General - Saltville, VA - 15 Year NNN Lease
|Building Size||9,100 SF||Cap Rate||8.25%|
|Property Sub-type||Free Standing Bldg||Tenancy||Single|
|Property Use Type||Net Lease Investment with 10+ years left on lease||Lot Size||0.72 AC|
|Construction Status||Under Construction/Proposed|
|Listing ID: 17447056||Date Created: 12/09/2011||Last Updated: 04/16/2012|
Brand new 9,100 +/- sq ft Dollar general store scheduled to open in January 2012. This is a relocation of an existing store which has a proven record of strong sales. This is a NNN lease with Dollar General being responsible for all maintenance, insurance and taxes. Rental increase of 3% in year 11 and 5 five year options at 10% increases for each option period.
Building sits on a .72 acre lot on Main Street in Saltville, Virginia. There is very limited competition in the area and Dollar General has a proven track record of strong sales in Saltville.
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