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11170 Chatham Rd
Axton, VA 24054

$1,265,701 USD

Freestanding For Sale  •  9,100 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 SF
  • Lot Size 1.58 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning B1
10 Walk Score

Highlights

Only Dollar General within 10 miles — zero cannibalization, dominant market share
7.50% cap rate with $94,927 NOI secured by corporate credit
NNN lease with ±5.5 years remaining and five 5-year renewal options
Corporate guarantee by Dollar General Corporation, a Fortune 100 company
1.58-acre site on Chatham Rd (VA-57) with clear visibility and regional access
No traditional grocery stores in immediate area — primary neighborhood hub
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 11/19/2034

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 47
Type: Surface
Included in Rent: Yes
Baxter Gimer 771-208-7475 Matthews Real Estate Investment Services
Baxter Gimer 771-208-7475 Matthews Real Estate Investment Services