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11811 E Lynchburg Salem Tpke
Forest, VA 24551

$1,354,906 USD

Freestanding For Sale  •  9,100 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 SF
  • Lot Size 1.75 AC
  • Building Class C
  • Year Built 2015
  • Cap Rate 6.40 %
  • Tenancy Single
  • Zoning C
0 Transit Score
25 Walk Score

Highlights

Absolute NNN Lease - No Landlord Responsibilities
Corporate Guaranteed by Dollar General - National Retailer with Revenue Exceeding $27 Billion Annually
10 Years Left on Primary Term - 10% Rental Increases in each of the Five 5-Year Options
Essential Retailer - Open and Paying Rent
Easy Access Location on a Major East-West Thoroughfare, 15 Minutes from Lynchburg Regional Airport & Liberty University
Excellent Demographics - Over 28,000 people in a 5-mile radius, with an Average Household Income of $80,433

Property Flyers

Cap Rate: 6.40 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General

Public Transportation

AirportDriveWalkDistance
Lynchburg Regional/Preston Glenn Field 12 min - 7.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Christopher Twist 561-602-8390 Colliers
Christopher Twist 561-602-8390 Colliers