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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

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,489 SF
Building Class
C
Year Built
2017
Price
$1,479,010 CAD
Price Per SF
$197.49 CAD
Cap Rate
7.75%
NOI
$114,655 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.92 AC
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
71F-6-5
Land Assessment
$68,283 CAD
Improvements Assessment
$962,654 CAD
Total Assessment
$1,030,937 CAD
  • Listing ID: 38555611

  • Date on Market: 2025-11-24

  • Last Updated:

  • Address: 5409 Sugar Grove Hwy, Sugar Grove, VA 24375

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