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For Sale

Dollar General

1747 Park Avenue Northwest,
Norton, VA 24273

Asset Snapshot

$61,920
NOI
2003
Year Built
100%
Occupancy

Offering Summary

Investment Overview

Introducing a prime investment opportunity in Norton, VA. This impressive 9,100 SF free-standing building, constructed in 2003, offers an exceptional investment with 100% occupancy. Boasting a strategic location in the thriving Norton area, this property presents an ideal setting for retail businesses seeking high visibility and strong customer traffic. With its modern construction and impeccable maintenance, this property stands as a testament to quality and reliability. Take advantage of this rare chance to add a high-performing asset to your commercial real estate portfolio. Don't miss out on the potential and stability offered by this outstanding retail property.


Investment Highlights

  • New HVAC unit in 2023, HVAC Compressor replacement 2021
  • CAM reimbursed at $.65/sf or actual cost, whichever is less
  • Tenant pays direct for insurance & reimburses for taxes
  • Lessee responsible to maintain HVAC maintenance contract
  • 4,300 Daily traffic counts along Park Avenue | 14,000 along US Hwy 58
  • Dollar General has extended the lease 3 times with increases
  • Pitched metal roof construction, asphalt parking lot
  • Situated directly adjacent to the Norton Community Hospital (Ballad Health, 286 locations)

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Listing Syndicated From

Buildout
For Sale
$728,470
Asking Price