For Sale
$1,655,000
116 Jessie Dupont Memorial Hwy Heathsville, VA 22473
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 8+ years remaining on a corporate-guaranteed lease with Family Dollar Stores of Virginia, Inc., including three 5-year renewal options with 5% rent increases.
- Fee simple ownership with a triple-net (NNN) lease; tenant responsible for CAM, taxes, insurance, and most maintenance; landlord responsibilities limited to roof, structure, and parking lot.
- High-visibility location on Jesse Dupont Memorial Hwy (5,800 VPD), with limited competition from only two other discount stores in the area.
- Brand-new, 2023 construction featuring high-quality materials and finishes.
- Strategically located in Burgess, Virginia's Northern Neck commercial hub, 10 miles from Kilmarnock and 5 miles from Reedville; a popular weekend destination within easy driving distance of Washington, D.C. and Richmond.
Property Details for 116 Jessie Dupont Memorial Hwy
- Property type
- Retail properties, Retail space
- Square Feet
- 10,532 SF
- Year Built
- 2023
- Lot Size (sq. ft)
- 68,389 SF
Location Insight
- City
- Heathsville
- County
- Northumberland
- State
- Virginia
- Latitude
- 37.8821625
- Longitude
- -76.3493375
Nearby Comparable
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 116 Jessie Dupont Memorial Hwy Heathsville, VA.
- What is the asking price?
- The asking price for this property is $1,655,000.
- What are key features of this property?
- This property features: 8+ years remaining on a corporate-guaranteed lease with Family Dollar Stores of Virginia, Inc., including three 5-year renewal options with 5% rent increases.; Fee simple ownership with a triple-net (NNN) lease; tenant responsible for CAM, taxes, insurance, and most maintenance; landlord responsibilities limited to roof, structure, and parking lot.; High-visibility location on Jesse Dupont Memorial Hwy (5,800 VPD), with limited competition from only two other discount stores in the area.
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