238 Harless Dr 9,026 SF Retail Building Dryden, VA 24243 $995,000 ($110.24/SF) 7.66% Cap Rate

This single-tenant investment property is 100% leased to Dollar General Corporation (NYSE: DG) under an absolute triple net (NNN) structure, providing zero landlord responsibilities and a dependable income stream. Positioned on a ±1.03-acre parcel with a 9,026 square-foot building, the site was custom-built in 2011 as a build-to-suit location for Dollar General. The asset offers investors the security of a fee-simple interest coupled with the financial strength of a publicly traded, investment-grade guarantor operating over 19,000 stores nationwide. The current lease term, inclusive of an extension, runs through June 30, 2032, offering approximately 6.5 years of remaining term, with four additional five-year renewal options. Annual rent is $76,177, reflecting a 7.66% cap rate, with scheduled 10% rental increases at the start of each renewal period. This predictable structure ensures long-term cash flow protection and stable yield growth.