STNL Property Video
Price
$1,750,000
The Deal in 30 Seconds
Deal Highlights
Replaceable Rent: Your Dollar Tree Strip Center has the lowest rent/SF of the 13 tier-two strip centers currently on the market in Virginia, paying $7.31/SF. Of the 823 tier-two strips on the market nationally, your Dollar Tree strip ranks #776/823, falling in the bottom 6% of rent/SF nationally.
Below Replacement Value: Your Dollar Tree Strip is priced at $1.75m, which amounts to a purchase price of $87 per SF. To build a center like this today would cost well over $87/SF, leading a purchase price below replacement value for this center.
Essential Tenant Mix: Dollar Tree, PT Solutions, and Blue Ridge Nails each serve a distinct category of consumer, making the rent roll structurally resistant to forces that erode traditional retail occupancy. Together they function less like a traditional retail strip and more like essential community infrastructure. The result is a tenant mix that performs across economic cycles rather than despite them.
7.45%
Cap Rate
NNN
Lease Type
Term Remaining
-
$130,384
NOI
20,086 sqft
Bldg Size
1.95 Acres
Lot Size
1964
Year Built
$72,576
3 Mile HHI
8,904
3 Mile Pop
Landlord Responsibilities: Roof, Structure, & CAM














