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251 Wildwood Rd
Salem, VA 24153
Dollar General | New Lease Extension · Retail Property For Sale

Investment Highlights

  • Approximately 7 Years Remaining with 7% Increases In Each Option Period
  • Early Lease Extension, Tenant has Extended the Lease on Four Separate Occasions
  • Dollar General is the Largest Retailer in the U.S. with 18,000+ Stores
  • Relocation of High-Performing Store Nearby, 15+ Year Operating History at This Location
  • Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,220 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.51 AC
Zoning
HBD
Parking
20 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
94’ on Wildwood Rd

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
129-2-5
Land Assessment
$250,700
Improvements Assessment
$563,000
Total Assessment
$813,700
  • Listing ID: 26835922

  • Date on Market: 10/12/2022

  • Last Updated:

  • Address: 251 Wildwood Rd, Salem, VA 24153

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