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Dollar General Absolute NNN Retail
For Sale
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17475 Louisa Rd, Louisa, VA 23093

2017 build-to-suit Dollar General offered on an absolute NNN lease with corporate guarantee and 10.5+ years remaining.

Property SizeContact for details
Lot Size2.61 Acres
Days on Market121

Property Features for 17475 Louisa Rd

General Information

Standard status Active
Lot size 2.61 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2017
Listing Agency: Matthews
Listed By: Brett Baumgartner · License #TX 701324
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 4:44PM

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 Matthews

Investment Insights

Based on property information with market context.

This 2017 build-to-suit Dollar General property is offered for sale on an absolute NNN lease, with zero landlord responsibilities. The lease is corporately guaranteed by Dollar General Corporation, which is described in the offering as having an S&P credit rating of BBB. The base term has more than 10.5 years remaining.

The property is positioned off Highway 33, described as the main thoroughfare connecting Richmond and Harrisonburg. It is located in Louisa, Virginia at 17475 Louisa Rd, and is stated to be within 1 mile of Trevilians Elementary School.

The offering indicates the site sits on more than 2.61 acres of land. The lease includes five, five-year renewal options, each described as including attractive 10% rent increases. The remarks also reference strong company scale, with Dollar General described as operating over 17,000 locations and expanding by about 1,000 stores each year.

Key Highlights

  • 2017 build‑to‑suit Dollar General on an absolute NNN lease with corporate guarantee
  • Over 10.5 years remaining on the base term of the lease
  • Zero landlord responsibilities under the lease structure

Property Analytics

Current Use

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Building Supply Storage Facility Garden Center Grocery & Convenience Store Kitchen & Bath Showroom Veterinary Clinic

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 23093, VA

14,170
Population
6,431
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
89%
High-School Grad
203.4 sq mi
ZIP Area
70
Density / Sq Mi
$67,645
Median Household Income
$40,035
Median Earnings
$1,144
Median Rent
$269,200
Median Home Value

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?
NNN property - 2017 build-to-suit Dollar General offered on an absolute NNN lease with corporate guarantee and 10.5+ years remaining.
Where is this nnn property located?
The property is located at 17475 Louisa Rd Louisa, VA.
What are key features of this property?
This property features: 2017 build‑to‑suit Dollar General on an absolute NNN lease with corporate guarantee; Over 10.5 years remaining on the base term of the lease; Zero landlord responsibilities under the lease structure
More about this property
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