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Freestanding Retail Store on NNN
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15967 N James Madison Hwy, Dillwyn, VA 23936

Freestanding Family Dollar retail building leased on an NNN basis along N. James Madison Highway.

Property Size10,832 SF
Price / SF$71.55
Days on Market153

Property Features for 15967 N James Madison Hwy

General Information

Standard status Active
Size 10,832 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Single
Listing Agency: Commonwealth Commercial Partners
Listed By: Coleman Stewart · License #VA 0225232789
Source: Crexi
Added: Apr 10 Changed: Aug 13 Last Checked: Sep 8 at 4:25AM

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 Commonwealth Commercial Partners

Investment Insights

Based on property information with market context.

This freestanding retail investment is leased to Family Dollar on an NNN basis. The property consists of a single tenant retail building totaling 10,832± SF, providing a straightforward ownership structure designed around the existing lease.

Located along N. James Madison Highway in Dillwyn, Virginia, the site offers visibility and convenient access within the community’s primary retail corridor. The surrounding retail mix includes both national and local retailers.

The asset is presented for sale as a single-tenant, NNN-leased retail building with long-term tenant performance expectations tied to a recognized discount retailer.

Key Highlights

  • Freestanding Family Dollar retail building totaling 10,832± SF
  • Single‑tenant lease to Family Dollar on an NNN basis
  • Located at 15967 N. James Madison Hwy in Dillwyn, VA 23936 along N. James Madison Highway

Property Analytics

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Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Barber Shop Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby
65k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Dining 30% Groceries 30%
McDonald's Dining
19,384 visits/mo 0.1 miles
Food Lion Grocery Store Groceries
19,145 visits/mo 0.1 miles
Dollar General Shops & Services
8,162 visits/mo 0.1 miles
Family Dollar Shops & Services
5,699 visits/mo 0.1 miles
Valero Energy Shops & Services
4,132 visits/mo 0.2 miles

Demographics for 23936, VA

7,850
Population
2,656
Households
3
Avg Household Size
43
Median Age
10%
College-Educated
85%
High-School Grad
207.2 sq mi
ZIP Area
38
Density / Sq Mi
$55,569
Median Household Income
$36,102
Median Earnings
$827
Median Rent
$172,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding Family Dollar retail building leased on an NNN basis along N. James Madison Highway.
Where is this retail space located?
The property is located at 15967 N James Madison Hwy Dillwyn, VA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Freestanding Family Dollar retail building totaling 10,832± SF; Single‑tenant lease to Family Dollar on an NNN basis; Located at 15967 N. James Madison Hwy in Dillwyn, VA 23936 along N. James Madison Highway
More about this property
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