This Retail Property is no longer advertised on LoopNet.com.

8474 Chesapeake Blvd
Norfolk, VA 23518
Dollar General | Top Performing Store! · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
7,489 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.17 AC
Zoning
Commercial
Parking
26 Spaces (3.47 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Signalized Intersection

About 8474 CHESAPEAKE BLVD , NORFOLK, VA 23518

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer this Dollar General (NYSE:DG) in Norfolk, Virginia. The tenant has 12 years of term remaining on an absolute NNN lease that features 10 percent increases in each of the five, 5-year option terms. The lease is corporately guaranteed by Dollar General, an investment grade retailer rated “BBB” by Standard & Poor’s. With more than 15,000 stores in 44 states, Dollar General is the largest discount store retailer in the United States in terms of total sales. The chain ranks #123 on the Fortune 500 list and reports annual revenue of $23.5 Billion.

Property Taxes

Property Taxes

Parcel Number
50000898
Land Assessment
$673,200
Improvements Assessment
$585,300
Total Assessment
$1,258,500
  • Listing ID: 15898848

  • Date on Market: 4/29/2019

  • Last Updated:

  • Address: 8474 Chesapeake Blvd, Norfolk, VA 23518

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