12428 Booth RdStony Creek, VA 23882

This exceptional investment opportunity presents a fee-simple interest in a brand-new, 10,640 square foot Dollar General located at 12428 Booth Rd, Stony Creek, VA 23882. Built in 2023/2024, this single-story building sits on a 2.171-acre lot and boasts 38 parking spaces. The property features a 15-year absolute NNN lease with a corporate guarantee from Dollar General, a credit-rated tenant with over 19,000 locations nationwide. The lease commenced in February 2024 and includes fixed rent bumps of 10% at each option period (5-(5) year options). With a 6.75% cap rate and a strong NOI of $110,073, this investment offers exceptional returns and minimal landlord responsibilities. The asking price is $1,631,000, translating to $153.29 per square foot. This is a rare opportunity to acquire a high-quality, net-leased retail property anchored by a financially stable, investment-grade tenant in a desirable location. The property's strong financials, long-term lease, and minimal management requirements make it an ideal addition to any portfolio. The absolute NNN lease structure ensures zero landlord responsibilities, providing a passive income stream with significant upside potential. The property's prime location in Stony Creek, Virginia, further enhances its appeal.