11811 E Lynchburg Salem Tpke | Forest, VA 24551
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11811 E Lynchburg Salem Tpke
Forest, VA 24551
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease - No Landlord Responsibilities
- 10 Years Left on Primary Term - 10% Rental Increases in each of the Five 5-Year Options
- Easy Access Location on a Major East-West Thoroughfare, 15 Minutes from Lynchburg Regional Airport & Liberty University
- Corporate Guaranteed by Dollar General - National Retailer with Revenue Exceeding $27 Billion Annually
- Essential Retailer - Open and Paying Rent
- Excellent Demographics - Over 28,000 people in a 5-mile radius, with an Average Household Income of $80,433
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.75 AC
Zoning
C - Commercial
Parking
30 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
186’ on E Lynchburg Sale Turnpike
PROPERTY TAXES
| Parcel Number | 153-A-26 | Improvements Assessment | $793,500 |
| Land Assessment | $296,000 | Total Assessment | $1,089,500 |
PROPERTY TAXES
Parcel Number
153-A-26
Land Assessment
$296,000
Improvements Assessment
$793,500
Total Assessment
$1,089,500
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