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1055 E Valley Dr
Bristol, VA 24201
Retail Property For Sale

Executive Summary

This Dollar General property presents a stable, income-generating opportunity with an absolute NNN lease structure. The tenant assumes full responsibility for taxes, insurance, maintenance, and operating expenses, delivering consistent, hands-off cash flow for the investor. Backed by Dollar General’s corporate guaranty, this asset offers security and reliability through a lease term extending to June 2031 with five renewal options. Built-in rent escalations of 10% at each renewal provide long-term income growth potential.
Constructed in 2016, this freestanding building occupies a 3.14-acre parcel along a visible and easily accessible retail corridor. The site features a modern prototype building with ample parking and efficient ingress and egress. Positioned within a strong trade area, the location benefits from steady consumer traffic and proximity to residential communities and major roadways, ensuring sustained retail demand.
This investment aligns with the objectives of buyers seeking predictable returns from a nationally recognized tenant with strong credit. With minimal landlord obligations and an existing term exceeding five years, the asset combines stability, growth potential, and location advantage in one compelling offering.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,123 SF
Building Class
B
Year Built
2017
Price
$1,586,694 CAD
Price Per SF
$173.92 CAD
Cap Rate
7%
NOI
$111,069 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.14 AC
Opportunity Zone
Yes
Zoning
B-1 - Neighborhood Shopping
Parking
30 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
100’ on KING MILL PIKE
  • Listing ID: 41242782

  • Date on Market: 2026-07-10

  • Last Updated:

  • Address: 1055 E Valley Dr, Bristol, VA 24201

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