Family Dollar – Dollar Tree

$ 1,614,827Fancy Gap, VA

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Property Details

Fancy Gap Hwy & Campground Road

Fancy Gap, VA

PRICE $1,614,827
CAP RATE7.25%
NOI$117,075
LEASE TERM10-Years
DELIVERY DATEDecember 2023
LEASE TYPENN+
LANDLORD RESPONSIBILITIESRoof and Structure
RENTAL INCREASES$0.50/SF Rent Increases at each option
RENEWAL OPTIONS(5) 5-Year Options
BUILDING SIZE10,500 SF
LOT SIZE1.623+/- Acres
YEAR BUILT2023

HIGHLIGHTS

  • Adjacent to Utt’s Camp Group Entrance
  • Closest grocery store is 7.5 Miles from the site. (Hillsville)
  • Tourist destination (Blue Ridge Pkwy Entrance)
  • 4,500+ Population (5-mile)
  • 1 Mile to I-77 (40,000 VPD)
  • $61,000+ Average HH Income