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Family Dollar 3560 Foster Falls Rd 8,320 SF 100% Leased Retail Building Barren Springs, VA 24313 $799,000 ($96.03/SF) 10.45% Cap Rate
Investment Highlights
- 8,320 SF
- Lease Expiration- March 31, 2028
- Corner Lot
Executive Summary
3560 Foster Falls Road – Barren Springs, VA 24313
Freestanding Retail | Dark Family Dollar | Net-Lease Investment
Property Overview
3560 Foster Falls Road offers a prime opportunity to acquire a freestanding 8,320 SF retail building situated on a 1.6-acre parcel along Foster Falls Road near Wysor Highway (VA-100), providing strong visibility within the Barren Springs trade area. Built in 2018, the property reflects modern construction standards and adaptable retail design.
This former Family Dollar location is currently dark, but per ownership, 2 years remain on the existing lease, offering near-term passive income while maintaining future flexibility for re-tenanting or repositioning.
Freestanding Retail | Dark Family Dollar | Net-Lease Investment
Property Overview
3560 Foster Falls Road offers a prime opportunity to acquire a freestanding 8,320 SF retail building situated on a 1.6-acre parcel along Foster Falls Road near Wysor Highway (VA-100), providing strong visibility within the Barren Springs trade area. Built in 2018, the property reflects modern construction standards and adaptable retail design.
This former Family Dollar location is currently dark, but per ownership, 2 years remain on the existing lease, offering near-term passive income while maintaining future flexibility for re-tenanting or repositioning.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,320 SF
Building Class
B
Year Built
2018
Price
$799,000
Price Per SF
$96.03
Cap Rate
10.45%
NOI
$83,500
Percent Leased
100%
Building Height
1 Story
Building FAR
0.12
Lot Size
1.60 AC
Property Taxes
| Parcel Number | 062-000-0000-0026A | Improvements Assessment | $247,500 (2024) |
| Land Assessment | $30,800 (2024) | Total Assessment | $278,300 (2024) |
Property Taxes
Parcel Number
062-000-0000-0026A
Land Assessment
$30,800 (2024)
Improvements Assessment
$247,500 (2024)
Total Assessment
$278,300 (2024)
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Family Dollar | 3560 Foster Falls Rd
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