Dillwyn Family Dollar 15967 N James Madison Hwy 10,832 SF 100% Leased Retail Building Dillwyn, VA 23936 $775,000 ($71.55/SF)

15967 N James Madison Highway in Dillwyn, VA presents an attractive opportunity to acquire a fully leased single-tenant retail investment. This 10,832± square-foot freestanding building is occupied by Family Dollar under a long-term, triple-net (NNN) lease, ensuring stable cash flow and a simplified ownership structure for investors. With an asking price of $775,000 and a reported cap rate of approximately 8.13%, the property offers an appealing entry point for those seeking consistent income from a nationally recognized retailer.
Located in the heart of Dillwyn’s primary commercial corridor, the asset benefits from strong visibility and ease of access along North James Madison Highway. The surrounding area features a complementary mix of national and regional retailers, reinforcing the location's role as a key retail destination in this rural trade area. Limited nearby competition further enhances tenant performance stability, making this a reliable long-term investment.
The Dillwyn market continues to support retail resilience through a loyal community base and limited development pressure, creating enduring demand for essential services. This acquisition not only provides safe, predictable returns but positions investors within a market that fosters consistent occupancy and tenant stability.