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21550 Cox Rd
Sutherland, VA 23885
Dollar General · Retail Property For Sale

Executive Summary

Attractive Long-Term NNN Lease Structure: Absolute NNN lease with ~ 12 years of remaining primary term and zero landlord responsibilities, featuring five 5-year renewal options with 10% increases, providing investors with long-term cash flow stability.
Corporate Dollar General Commitment: Dollar General is the nation’s largest discount retailers and maintains an S&P BBB investment-grade credit rating, operating more than 20,000 stores across the U.S. and Mexico and generating approximately $40.6 billion in annual revenue.
Updated Construction: The property features the high quality design features including brick and hardy plank exterior walls and a metal roof.
Exceptional Foot Traffic Counts: Placer.ai ranks this Dollar General in the 87th percentile nationally and the 94th percentile within Virginia for annual customer visits, indicating performance that exceeds most comparable locations.
Affluent Consumer Base: A 5-mile average household income of $105,038 underscores the submarket’s strong purchasing power that supports long-term tenant performance.
Direct Exposure to Major Regional Employment Center: Located directly across the street from a 1.2 million square foot Walmart logistics facility, the property is positioned adjacent to one of the area’s largest employment generators that supports over 1,000 jobs and substantial daily traffic.
#1 Best Town to Visit: Situated within the Richmond MSA, the property benefits from its proximity to a community recognized by CNN as the #1 Town Among “America’s 10 Best Towns to Visit.” This national distinction underscores the area’s strong tourism appeal, vibrant local economy, and growing regional profile, supporting sustained consumer activity and long-term commercial real estate demand.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2023
Price
$1,784,000
Price Per SF
$167.67
Cap Rate
6.50%
NOI
$115,955
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.18 AC
Zoning
B-2
Parking
33 Spaces (3.1 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Listing ID: 41096122

  • Date on Market: 6/29/2026

  • Last Updated:

  • Address: 21550 Cox Rd, Sutherland, VA 23885

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