Family Dollar NNN
For Sale
Contact for pricing
Pending
13414 Riverside Dr, Oakwood, VA 24631
A corporate-guaranteed NN lease began in January 2023.
Property SizeContact for details
Days on Market142
Property Features for 13414 Riverside Dr
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Asking Price
$1,175,000
Listing Agency:
Marcus & Millichap - Atlanta
(678) 808-2762
Listed By:
Don McMinn · License #GA 292036
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 11:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Atlanta
Investment Insights
Based on property information with market context.
This retail property is occupied by Family Dollar Tree under a corporate-guaranteed NN lease that commenced in January 2023. The store was renovated and backfilled a former Save-A-Lot location. Approximately 8.5 years remain on the 10-year lease, with five 5-year renewal options providing $0.50/SF rent increases during each option period.
Family Dollar Tree is responsible for routine parking lot maintenance, taxes, insurance, HVAC, utilities, and landscaping. Landlord obligations include the roof, structure, and parking lot. The property is located at 13414 Riverside Dr in Oakwood, VA, approximately 1.5 hours west of Princeton, WV. Princeton is the county seat of Mercer County and is directly off Interstate 77, which carries 27,829 VPD. National retailers within a 5 mile radius include Tractor Supply, Food City, McDonald's, and Dairy Queen.
Family Dollar Tree is responsible for routine parking lot maintenance, taxes, insurance, HVAC, utilities, and landscaping. Landlord obligations include the roof, structure, and parking lot. The property is located at 13414 Riverside Dr in Oakwood, VA, approximately 1.5 hours west of Princeton, WV. Princeton is the county seat of Mercer County and is directly off Interstate 77, which carries 27,829 VPD. National retailers within a 5 mile radius include Tractor Supply, Food City, McDonald's, and Dairy Queen.
Key Highlights
- Corporate‑guaranteed NN lease with approximately 8.5 years remaining
- 10‑year lease commenced in January 2023
- Five 5‑year option periods with $0.50/SF rent increases in each period
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 24631, VA
2,578
Population
766
Households
3.4
Avg Household Size
44
Median Age
7%
College-Educated
86%
High-School Grad
53.5 sq mi
ZIP Area
48
Density / Sq Mi
$45,109
Median Household Income
$33,857
Median Earnings
$814
Median Rent
$62,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - A corporate-guaranteed NN lease began in January 2023.
Where is this nnn property located?
The property is located at 13414 Riverside Dr Oakwood, VA.
What are key features of this property?
This property features: Corporate‑guaranteed NN lease with approximately 8.5 years remaining; 10‑year lease commenced in January 2023; Five 5‑year option periods with $0.50/SF rent increases in each period
