10 Hebron Church Rd
Saxe, VA 23967
Dollar General · Retail Property For Sale

NEW UPGRADED CONSTRUCTION Brand New 9,100 SF Build to Suit Dollar General in Saxe (Charlotte County), VA. The store is well located at the 3-way Intersection of Hebron Church Rd., Hwy 360 & Hwy 501 (5,590 Total VPD). This store has upgraded construction and is scheduled for delivery October 2018. WELL LOCATED ON U.S. ROUTE 360 This Dollar General is well located on busy U.S Hwy 360 which is a 4 lane divided road that runs 225 miles across Virginia. In addition, it well positioned approximately 60-90 minutes from Lynchburg, Danville, and Richmond, VA. VIRGINIA With a population of over 8.4 million Virginia's economy has many sectors: agriculture in the Shenandoah Valley; federal agencies in Northern Virginia, including the headquarters of the U.S. Department of Defense and Central Intelligence Agency (CIA); and military facilities in Hampton Roads, the site of the region's main seaport. The economy of Virginia is well balanced with diverse industries, starting in the North, where software, communications, consulting, defense contracting, diplomats, and considerable components of the professional government sector reign, and moving South where profitable agribusiness thrives focused on wineries, cattle, tobacco, tomatoes and peanut farming. Virginia enjoys the highest number of counties and independent cities (15) in the top 100 wealthiest jurisdictions in the U.S. based upon median income, in addition, Virginia tied with Colorado as having the most counties (10) in the top 100 based on per capita income. LONG-TERM CORPORATE NNN LEASE The subject property has a brand new 15-year Corporate Guaranteed Lease with Dollar General. The Tenant is 100% responsible for all expenses, including roof, structure, taxes, insurance and common area maintenance. There are 10 percent rent increases in each of the four, 5-year option periods. INVESTMENT GRADE TENANT Dollar General is a publicly traded (NYSE: DG) Fortune 500 company that operates over 14,761 locations nationwide with a net worth of over four billion. Dollar General is opening 900 locations this year and currently holds an investment grade credit rating of BBB-/Stable with S&P. 100 wealthiest jurisdictions in the U.S. based upon median income, in addition, Virginia tied with Colorado as having the most counties (10) in the top 100 based on per capita income.