5409 Sugar Grove Hwy Sugar Grove, VA 24375
High-yield, NNN-leased convenience store.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Fee-simple Dollar General convenience store in Sugar Grove, VA.
- 7,489 SF building on a 0.92-acre lot, built in 2017.
- Excellent visibility on Sugar Grove Hwy, near Mt. Rogers National Park.
- 10-year remaining lease with absolute NNN lease structure; investment-grade tenant (BBB S&P rating).
- 7.30% cap rate, $11.21/SF rent, $1,150,000 asking price ($153.56/SF).
- 100% occupied.
Property Details for 5409 Sugar Grove Hwy
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 7,489 SF
- Year Built
- 2017
- Lot Size (sq. ft)
- 40,075 SF
Location Insight
- City
- Sugar Grove
- County
- Smyth
- State
- Virginia
- Latitude
- 36.776114175831
- Longitude
- -81.412036477839
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, NNN-leased convenience store.
- Where is the retail property located?
- The property is located at 5409 Sugar Grove Hwy Sugar Grove, VA.
- What is the asking price?
- The asking price for this property is $1,150,000.
- What are key features of this property?
- This property features: Fee-simple Dollar General convenience store in Sugar Grove, VA.; 7,489 SF building on a 0.92-acre lot, built in 2017.; Excellent visibility on Sugar Grove Hwy, near Mt. Rogers National Park.
- How can I contact the broker?
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