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Dollar General 5409 Sugar Grove Hwy 7,489 SF Retail Building Sugar Grove, VA 24375 $1,480,515 CAD ($197.69 CAD/SF) 7.75% Cap Rate


Investment Highlights
- Store Interior Remodel Completed 2025
- Proximate to Mt. Rogers National Recreation Area
- Absolute-Net Lease - Zero Landlord Responsibilities
Executive Summary
- Store Interior Remodel Completed 2025
- Sound Going-In Return of 7.50 Percent Cap
- Absolute-Net Lease - Zero Landlord Responsibilities
- Investment Grade Credit Tenant - BBB S&P
- Proximate to Mt. Rogers National Recreation Area
- Next Closest Dollar General Store Is ~7 Miles Away
- Store Has Fresh and Cold-Store Food Products
- Excellent Visibility on Elevated Parcel
- Located on the Main East-West Roadway
- Seasoned and Proven Location Delivered Oct. 2017
- Low Rent of $11.21/SF Improves Unit Profitability
- Sound Going-In Return of 7.50 Percent Cap
- Absolute-Net Lease - Zero Landlord Responsibilities
- Investment Grade Credit Tenant - BBB S&P
- Proximate to Mt. Rogers National Recreation Area
- Next Closest Dollar General Store Is ~7 Miles Away
- Store Has Fresh and Cold-Store Food Products
- Excellent Visibility on Elevated Parcel
- Located on the Main East-West Roadway
- Seasoned and Proven Location Delivered Oct. 2017
- Low Rent of $11.21/SF Improves Unit Profitability
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,489 SF
Building Class
C
Year Built
2017
Price
$1,480,515 CAD
Price Per SF
$197.69 CAD
Cap Rate
7.75%
NOI
$114,772 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.92 AC
Property Taxes
| Parcel Number | 71F-6-5 | Improvements Assessment | $963,634 CAD |
| Land Assessment | $68,353 CAD | Total Assessment | $1,031,986 CAD |
Property Taxes
Parcel Number
71F-6-5
Land Assessment
$68,353 CAD
Improvements Assessment
$963,634 CAD
Total Assessment
$1,031,986 CAD
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Dollar General | 5409 Sugar Grove Hwy
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