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4801 Cleburne Blvd
Dublin, VA 24084
Retail Property For Sale
Investment Highlights
- Easy and established Dollar Tree just off I-81, serving an area with limited grocery and consumer options.
- Minimal landlord responsibilities.
- Corporate lease backed by Chesapeake, VA based Dollar Tree with over ±9,000 in the US.
- Quality 2023 construction of a ±10,00 SF building on busy Cleburne Blvd with over ±16,000 VPD.
- Strong local, business and tourist drivers support the continued success of this store.
Executive Summary
Investors seeking an established Dollar Tree - this IS THE ONE! Located in Dublin, VA, just one mile from Interstate 81, this store is a favorite to both locals and travelers alike. As dollar stores go, this one has it all - traffic counts over ±16,000 VPD, a five-mile population of over ±15,940 AND average household income of $76,880. Dublin has limited grocery and consumer options in the immediate area making this an “essential business” for locals, nearby businesses, and the growing tourist industry.
This ±10,000 SF Dollar Tree opened in late 2023 and sits on over 2 acres. The 10-year NN+ lease has over 6 ½ years remaining on the initial term with several options. Landlord responsibilities are limited and the Tenant is responsible for reimbursement of taxes and property insurance, all interior and grounds maintenance including HVAC repairs.
Dublin is home to the largest Volvo Truck Assembly Plant in the world and is known for the beauty of a major outdoor attraction, Claytor Lake State Park which spans over ±4,200 acres.
The lease is guaranteed by Chesapeake, VA based Dollar Tree with over 9000 locations and growing.
This ±10,000 SF Dollar Tree opened in late 2023 and sits on over 2 acres. The 10-year NN+ lease has over 6 ½ years remaining on the initial term with several options. Landlord responsibilities are limited and the Tenant is responsible for reimbursement of taxes and property insurance, all interior and grounds maintenance including HVAC repairs.
Dublin is home to the largest Volvo Truck Assembly Plant in the world and is known for the beauty of a major outdoor attraction, Claytor Lake State Park which spans over ±4,200 acres.
The lease is guaranteed by Chesapeake, VA based Dollar Tree with over 9000 locations and growing.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,000 SF
Building Class
B
Year Built
2023
Price
$2,046,095 CAD
Price Per SF
$204.61 CAD
Cap Rate
7.70%
NOI
$157,549 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.24 AC
Zoning
CM - Commercial Mixed-Use
Parking
41 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Monument Signage
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