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Dollar General Market Copperhead Road & Helen Henderson Hwy.

12,687 SF Retail Building Honaker, VA 24260 £1,583,076 (£125/SF) 6.88% Net Initial Yield

Investment Highlights

  • 15-Year Absolute NNN Lease, No Landlord Responsibilities
  • Upgraded Market Store, Larger Format with Expanded Produce/Grocery Items
  • Dollar General is the Largest Retailer in the U.S. with 19,000+ Stores
  • Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
  • Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
  • Classified Nationally as an Essential Retailer for Daily Shopping Needs

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
12,687 SF
Year Built
2024
Price
£1,583,076
Price Per SF
£125
Net Initial Yield
6.88%
NOI
£108,930
Tenancy
Single
Number of Floors
1

Links

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(858) 373-3174

Contacts

  • Listing ID: 30207454

  • Date on Market: 30/11/2023

  • Last Updated:

  • Address: Copperhead Road & Helen Henderson Hwy., Honaker, VA 24260

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© 2024 CoStar Group

Dollar General Market | Copperhead Road & Helen Henderson Hwy.
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Dollar General Market | Copperhead Road & Helen Henderson Hwy.

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Phil Sambazis

(858) 373-3174

(858) 373-3174

Brian Hosey

(202) 536-3700

(202) 536-3700

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