Dollar General

Highlights:

• New HVAC unit in 2023, HVAC Compressor replacement 2021
• CAM reimbursed at $.65/sf or actual cost, whichever is less
• Tenant pays direct for insurance & reimburses for taxes
• Lessee responsible to maintain HVAC maintenance contract
• 4,300 Daily traffic counts along Park Avenue | 14,000 along US Hwy 58
• Dollar General has extended the lease 3 times with increases
• Pitched metal roof construction, asphalt parking lot
• Situated directly adjacent to the Norton Community Hospital (Ballad Health, 286 locations)

Description:

Introducing a prime investment opportunity in Norton, VA. This impressive 9,100 SF free-standing building, constructed in 2003, offers an exceptional investment with 100% occupancy. Boasting a strategic location in the thriving Norton area, this property presents an ideal setting for retail businesses seeking high visibility and strong customer traffic. With its modern construction and impeccable maintenance, this property stands as a testament to quality and reliability. Take advantage of this rare chance to add a high-performing asset to your commercial real estate portfolio. Don't miss out on the potential and stability offered by this outstanding retail property.

Explore the thriving town of Norton, VA, where the property is located, offering a blend of Southern charm and modern amenities. Surrounded by the natural beauty of the Appalachian Mountains, investors will find an inviting community with a rich history and a strong sense of local pride. Norton is conveniently located near top-notch educational institutions such as The University of Virginia's College at Wise and Mountain Empire Community College, making it an ideal location for offices or office buildings. Nearby attractions include Flag Rock Recreation Area, Powell Valley Overlook, and the charming Norton Downtown Historic District, providing a vibrant and dynamic setting for your next commercial real estate investment.