1500 New Bridge Rd
Mineral, VA 23117
Dollar General · Retail Property For Sale

Marcus & Millichap is pleased to announce our latest investment offering of the Dollar General store located at 1500 New Bridge Road in Mineral, Virginia. This newer constructed (2014) discount retailer unit is extremely well positioned near Lake Anna. The destination draws locals and recreational visitors year-round to over 225 miles of lakefront property, at this 17-mile-long, man-made fresh water lake. Lake Anna is one of the largest lakes in Virginia. This is a one of a kind, highly desirable, 12-months of the year location for recreation, camping, water sports and fishing. The area is accessible within a one hour of the densely populated Northern Virginia region, as well as the State Capital of Richmond and the rapidly growing and highly desirable area of Charlottesville, VA. Lake Anna is not only a convenient getaway location that is easily accessible by literally may millions of Virginians, but ideal as a second home location and has a rapidly expanding permanent resident base due to its standard of living and relative proximity to major metro areas. This Dollar General is extremely well located and the site placement was soundly thought-out, with which to capitalize on this regional draw and is poised to prosper long into the foreseeable future for the retailer. An astute investor will seize an opportunity to acquire an approximately 10-year corporate triple-net lease; with a credit rated BBB tenant (S&P); at a favorable going-in yield; while also not being associated with where many analogous Dollar General units are typically found, in far more tertiary locations.