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Dollar General Mini Market 14359 Fancy Gap Hwy 10,690 SF Retail Building Cana, VA 24317 $2,031,000 ($189.99/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Upgraded Market Store with Expanded Produce/Grocery Items
- Dollar General is the Nation’s Largest Retailer with 20,500+ Stores
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Brand New 2025 Construction on an Oversized Parcel
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,690 SF
Building Class
C
Year Built
2025
Price
$2,031,000
Price Per SF
$189.99
Cap Rate
7%
NOI
$142,224
Tenancy
Single
Building Height
1 Story
PROPERTY TAXES
| Parcel Number | 162-A-229 | Improvements Assessment | $126,400 |
| Land Assessment | $60,000 | Total Assessment | $186,400 |
PROPERTY TAXES
Parcel Number
162-A-229
Land Assessment
$60,000
Improvements Assessment
$126,400
Total Assessment
$186,400
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Dollar General Mini Market | 14359 Fancy Gap Hwy
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