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Dollar General 10989 General Puller Hwy 9,026 SF Retail Building Hartfield, VA 23071 $1,966,293 CAD ($217.85 CAD/SF) 8% Cap Rate

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Investment Highlights

  • 9,026 Square Feet | 2014 Construction | 2.0 Acres | Large Parcel
  • Corporate Guaranty: Dollar General Corp. | 20,700+ Stores Nationwide
  • Immediate Nearby Traffic Generators: Exxon, Primis Bank, YMCA, M&M Building Supply
  • Absolute NNN Lease | Zero Landlord Obligations | 10% Rent Increase in 2029
  • Top 10 Dollar General within 30-Mile Radius | Source: Placer Ai Foot Traffic
  • 30-Miles to Yorktown and Newport News | 60-Miles to Richmond

Executive Summary

This offering features a 9,026-square-foot Dollar General store constructed in 2014 and situated on a spacious 2.0-acre parcel. The property is secured by an absolute NNN lease, providing investors with zero landlord responsibilities and a truly passive income stream. A 10% rent increase scheduled for 2029 enhances long-term income growth, while the lease is backed by a corporate guaranty from Dollar General Corporation, one of the nation’s most recognized and stable retailers with over 20,700 locations nationwide.
Strategically positioned within a strong retail corridor, this location ranks among the top 10 Dollar General stores within a 30-mile radius, according to Placer.ai foot traffic data. The site benefits from immediate proximity to key traffic generators, including Exxon, Primis Bank, YMCA, and M&M Building Supply, ensuring consistent customer flow and visibility.
The property’s location offers excellent regional connectivity, just 30 miles from Yorktown and Newport News and approximately 60 miles from Richmond. This combination of a long-term corporate lease, scheduled rent growth, and a high-performing store location makes this asset an exceptional opportunity for investors seeking stability, predictable returns, and minimal management obligations.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2014
Price
$1,966,293 CAD
Price Per SF
$217.85 CAD
Cap Rate
8%
NOI
$157,303 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.00 AC
Zoning
GB
Frontage
370’ on General Puller Hwy

Property Taxes

Property Taxes

Parcel Number
38-12-2B
Land Assessment
$339,657 CAD
Improvements Assessment
$1,143,272 CAD
Total Assessment
$1,482,930 CAD
  • Listing ID: 38667280

  • Date on Market: 2025-12-05

  • Last Updated:

  • Address: 10989 General Puller Hwy, Hartfield, VA 23071

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