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Family Dollar (Greater Richmond, VA MSA) 10815 Doyle Blvd 10,465 SF Retail Building Mckenney, VA 23872 $1,359,000 ($129.86/SF) 8.50% Cap Rate
Investment Highlights
- Double Net Lease with 5.3 Years Remaining
- Recent 2021 Construction on a Large 1.53-Acre Site
- Strategic Position Within the Greater Richmond, VA MSA
- Near the Intersection of Boydton Plank Road & Doyle Boulevard (4,172 VPD)
- $94,521 Average Household Income Within a 5-Mile Radius
- National Discount Retailer With 4,300+ Locations and Strong Concentration Across the Rural Southeast
Executive Summary
Broker of Record
Brian Hosey
7200 Wisconsin Ave., Suite 1101
Bethesda, MD 20814
(202) 536-3700
Brian Hosey@marcusmillichap.com
License: 0225247494
Property Facts
Amenities
- Signage
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Manufacturing
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CITGO Petroleum Corporation is a U.S.-based refiner, marketer and transporter of quality fuels and lubricants. CITGO's vision is to be a world benchmark corporation based on their sound success in the energy industry and their social development programs. Headquartered in Houston, Texas, CITGO Petroleum Corporation is owned by CITGO Holding, Inc.
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- Retailer
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Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Manufacturing | - | - | - | ||
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Retailer | - | - | - |
Property Taxes
| Parcel Number | 80A256A | Improvements Assessment | $1,478,200 |
| Land Assessment | $100,000 | Total Assessment | $1,578,200 |
Property Taxes
