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Dollar General 1747 Park Ave SW 9,100 SF Retail Building Norton, VA 24273 $1,009,514 CAD ($110.94 CAD/SF) 8.50% Cap Rate

Retail Buildings Virginia Norton 1747 Park Ave SW, Norton, VA 24273

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INVESTMENT HIGHLIGHTS

  • New HVAC Unit in 2023, HVAC Compressor Replacement 2021
  • Tenant pays direct for insurance & reimburses for taxes
  • 4,300 Daily traffic counts along Park Avenue | 14,000 along US Hwy 58
  • CAM Reimbursed at $.65/sf or actual cost, whichever is less
  • Lessee responsible to maintain HVAC maintenance contract
  • Dollar General has extended the lease 3 times with increases

EXECUTIVE SUMMARY

New HVAC Unit in 2023, HVAC Compressor Replacement 2021

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2003
Price
$1,009,514 CAD
Price Per SF
$110.94 CAD
Cap Rate
8.50%
NOI
$85,809 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.17 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-1

LINKS

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1747 Park Ave SW, Norton, VA - AERIAL map view - Image1
1747 Park Ave SW, Norton, VA - AERIAL map view - Image2

PROPERTY TAXES

Parcel Number 232N-3985 Improvements Assessment $624,146 CAD
Land Assessment $123,729 CAD Total Assessment $747,875 CAD

PROPERTY TAXES

Parcel Number
232N-3985
Land Assessment
$123,729 CAD
Improvements Assessment
$624,146 CAD
Total Assessment
$747,875 CAD
(248) 702-0288

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38980184

  • Date on Market: 2026-01-06

  • Last Updated:

  • Address: 1747 Park Ave SW, Norton, VA 24273

The Retail Property at 1747 Park Ave SW, Norton, VA 24273 is currently available for Sale. Contact Encore Real Estate Investment Services for more information.

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Dollar General | 1747 Park Ave SW
(248) 702-0288 x

Dollar General | 1747 Park Ave SW

Deno Bistolarides
(248) 702-0288

Grant Kallevig
(952) 230-7202

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