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2141 S Crater Rd
Petersburg, VA 23805
DOLLAR TREE · Retail Property For Sale
Investment Highlights
- 2020 Renovation to Suit for Dollar Tree
- Five mile population in excess of 73,725
- Nearby national tenants include McDonalds, Autozone, CVS, NTB, Food Lion, 7-Eleven, Hardees, and Wendy’s
- Extremely strong corporately guaranteed lease
- Traffic Counts on S. Crater Rd exceeding 23,530 VPD
- Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States
Executive Summary
Kyle Matthews
License No. 226035518 (VA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. 226035518 (VA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,278 SF
Building Class
C
Year Built
1997
Price
$1,761,460 CAD
Price Per SF
$156.19 CAD
Cap Rate
8%
NOI
$140,917 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.10 AC
Zoning
B-1
Parking
50 Spaces (4.37 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 055-16-0803 | Improvements Assessment | $1,202,184 CAD |
| Land Assessment | $753,108 CAD | Total Assessment | $1,955,292 CAD |
Property Taxes
Parcel Number
055-16-0803
Land Assessment
$753,108 CAD
Improvements Assessment
$1,202,184 CAD
Total Assessment
$1,955,292 CAD
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