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11170 Chatham Rd
Axton, VA 24054
Dollar General · Retail Property For Sale
Investment Highlights
- Only Dollar General within 10 miles — zero cannibalization, dominant market share
- NNN lease with ±5.5 years remaining and five 5-year renewal options
- 1.58-acre site on Chatham Rd (VA-57) with clear visibility and regional access
- 7.50% cap rate with $94,927 NOI secured by corporate credit
- Corporate guarantee by Dollar General Corporation, a Fortune 100 company
- No traditional grocery stores in immediate area — primary neighborhood hub
Executive Summary
Broker of Record
Kyle Matthews
License # 225225982, 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 225225982, 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
B
Year Built
2017
Price
$1,265,701
Price Per SF
$139.09
Cap Rate
7.50%
NOI
$94,927
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.58 AC
Zoning
B1
Parking
47 Spaces (5.16 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 011630003 | Improvements Assessment | $866,000 |
| Land Assessment | $178,600 | Total Assessment | $1,044,600 |
Property Taxes
Parcel Number
011630003
Land Assessment
$178,600
Improvements Assessment
$866,000
Total Assessment
$1,044,600
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