For Sale
$1,586,206

4801 Cleburne Blvd Dublin, VA 24084

High-Yield Net Lease Property

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity: a 10,000 square foot Dollar Tree in Dublin, VA, boasting a 7.25% cap rate and $115,000 annual net operating income (NOI). This 2023 build-to-suit property features a corporate-guaranteed, double net (NN) lease with 8.5+ years remaining on a 10-year term, including four five-year renewal options. The property sits on a 2.01-acre lot (APN 5830) zoned CM1, enjoying high visibility on Cleburne Blvd (Hwy 100), a major thoroughfare with 18,302 vehicles per day. Its strategic location benefits from proximity to a Walmart Supercenter and the world's largest Volvo manufacturing plant, driving significant retail traffic. The property includes a 20-year roof warranty, minimizing future maintenance concerns. The $1,586,206 asking price translates to $158.62 per square foot. This is a low-management, high-return investment with a strong, investment-grade tenant in a prime location. The property's success is further solidified by Dollar Tree's established brand recognition and extensive store network. This is a rare opportunity to acquire a stable, high-performing retail asset with significant long-term growth potential.

Highlights

  • $1,586,206 asking price, $158.62/SF.
  • 7.25% cap rate.
  • $115,000 annual net operating income (NOI).
  • 8.5+ years remaining on a 10-year corporate-guaranteed, double net (NN) lease with renewal options.
  • Corporate guarantee.

Property Details for 4801 Cleburne Blvd

Property type
Retail properties, Retail space
Square Feet
10,000 SF
Year Built
2023
Buildings
1
Lot Size (sq. ft)
87,556 SF
Units
1

Location Insight

City
Dublin
County
Pulaski
State
Virginia
Latitude
37.089402866806
Longitude
-80.688564127543

FAQs

What type of property is this?
Retail property - High-Yield Net Lease Property
Where is the retail property located?
The property is located at 4801 Cleburne Blvd Dublin, VA.
What is the asking price?
The asking price for this property is $1,586,206.
What are key features of this property?
This property features: $1,586,206 asking price, $158.62/SF.; 7.25% cap rate.; $115,000 annual net operating income (NOI).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4801 Cleburne Blvd
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