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240 N Central Ave
Staunton, VA 24401
Dollar General | Rare All-Brick Building · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 10-Year Corporate Lease
  • Investment Grade Credit Tenant, Rated BBB by S&P
  • Classified Nationally as an “Essential Retailer” for Daily Shopping Needs
  • Rare All-Brick Building, Complete Renovation in 2020 with a New Roof
  • 10% Rental Increases Every 5 Years Beginning in Each Option Period
  • Serving over 45,300 Residents in Established Trade Area

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
10,123 SF
Building Class
C
Year Built/Renovated
1981/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.77 AC
Zoning
B-2
Parking
60 Spaces (5.03 Spaces per 1,000 SF Leased)
Frontage
62’ on Central Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4729
Land Assessment
$159,400
Improvements Assessment
$616,200
Total Assessment
$775,600
  • Listing ID: 19244169

  • Date on Market: 4/16/2020

  • Last Updated:

  • Address: 240 N Central Ave, Staunton, VA 24401

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