Dollar General Grocery
For Sale
Contact for pricing
Pending
697 Colonial Trail E, Surry, VA 23882
Single-tenant retail property under a double-net lease with six years remaining on the initial term.
Property Size9,014 SF
Lot Size1.07 Acres
Days on Market144
Property Features for 697 Colonial Trail E
General Information
Standard status
Pending
Size
9,014 SF
Lot size
1.07 Acres
Property subtype
Retail
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap
Listed By:
Michael Bogdal · License #UT 9811994-SA00
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 11:47AM
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
Investment Insights
Based on property information with market context.
Located at 697 Colonial Trail E in Surry, Virginia, this single-tenant grocery and convenience store property occupies approximately 9,014 square feet on an estimated 1.07-acre site. The building is occupied by Dollar General and operates under a double-net lease. Six years remain on the initial lease term, and the tenant extended that term by four years three years before the prior expiration date.
The lease structure assigns roof, structural, and parking lot maintenance to the landlord. Surry has limited shopping centers, and the property is described as a primary shopping destination for local residents. The town is across the James River from Jamestown and approximately one hour from Richmond, with access to the Jamestown Ferry and Virginia’s Historic Triangle, including Jamestown, Williamsburg, and Yorktown.
The lease structure assigns roof, structural, and parking lot maintenance to the landlord. Surry has limited shopping centers, and the property is described as a primary shopping destination for local residents. The town is across the James River from Jamestown and approximately one hour from Richmond, with access to the Jamestown Ferry and Virginia’s Historic Triangle, including Jamestown, Williamsburg, and Yorktown.
Key Highlights
- Approximately 9,014‑square foot single‑tenant building
- Estimated 1.07‑acre site in Surry, Virginia
- Double‑net lease with six years remaining on the initial term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
18k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
8,985 visits/mo
0.0 miles
Dollar General
Shops & Services
4,914 visits/mo
0.1 miles
Dollar Tree
Shops & Services
3,832 visits/mo
0.0 miles
Demographics for 23882, VA
2,219
Population
990
Households
2.2
Avg Household Size
50
Median Age
17%
College-Educated
85%
High-School Grad
147.0 sq mi
ZIP Area
15
Density / Sq Mi
$60,337
Median Household Income
$29,724
Median Earnings
$690
Median Rent
$160,800
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?
Grocery and convenience store - Single-tenant retail property under a double-net lease with six years remaining on the initial term.
Where is this grocery and convenience store located?
The property is located at 697 Colonial Trail E Surry, VA.
What are key features of this property?
This property features: Approximately 9,014‑square foot single‑tenant building; Estimated 1.07‑acre site in Surry, Virginia; Double‑net lease with six years remaining on the initial term
