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4801 Cleburne Blvd 10,000 SF Retail Building Dublin, VA 24084 $1,493,500 ($149.35/SF) 7.70% Cap Rate
Investment Highlights
- Easy and established Dollar Tree just off I-81, serving an area with limited grocery and consumer options.
- Minimal landlord responsibilities.
- Corporate lease backed by Chesapeake, VA based Dollar Tree with over ±9,000 in the US.
- Quality 2023 construction of a ±10,00 SF building on busy Cleburne Blvd with over ±16,000 VPD.
- Strong local, business and tourist drivers support the continued success of this store.
Executive Summary
This ±10,000 SF Dollar Tree opened in late 2023 and sits on over 2 acres. The 10-year NN+ lease has over 6 ½ years remaining on the initial term with several options. Landlord responsibilities are limited and the Tenant is responsible for reimbursement of taxes and property insurance, all interior and grounds maintenance including HVAC repairs.
Dublin is home to the largest Volvo Truck Assembly Plant in the world and is known for the beauty of a major outdoor attraction, Claytor Lake State Park which spans over ±4,200 acres.
The lease is guaranteed by Chesapeake, VA based Dollar Tree with over 9000 locations and growing.
Property Facts
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
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Jan 0000
Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | Jan 0000 |
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4801 Cleburne Blvd
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