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Absolute NNN Dollar General Retail
For Lease
$1,001,032 NNN

363 Nash Hill Rd, Raven, VA 24639

Single-tenant Absolute NNN lease structure with a national discount retailer location along U.S. Route 19.

Space SizeContact for details
Property Size9,100 SF
Days on Market49

Property Features for 363 Nash Hill Rd

General Information

Standard status Active
Size 9,100 SF
Property subtype Retail
Net Operating Income $77,580

Building Details

Building Size 9,100 SF
Year Built 2015
Listing Agency: Exclusive Realty
Listed By: Jonah Laboda · License #6502426558
Source: Exclusive-realty
Added: Jun 25 Changed: Aug 8 Last Checked: Aug 12 at 4:12AM

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 Exclusive Realty

Investment Insights

Based on property information with market context.

This offering is an Absolute NNN Dollar General property in Raven, Virginia. The building operates as a single-tenant retail asset for a national, credit-backed discount retailer, structured so the tenant is responsible for all property expenses under the absolute NNN lease. The site is configured to serve everyday consumer needs typical of Dollar General’s retail format.

The property is located at 363 Nash Hill Rd in Raven, within Russell County, and sits along U.S. Route 19. The location provides convenient access to nearby population centers, supporting regular visits from local residents and commuters traveling through the area.

For investors seeking a hands-off retail income profile, the Absolute NNN structure shifts responsibility for operating expenses to the tenant. The lease is anchored by a long-running discount retail model focused on day-to-day essentials, including groceries, household goods, health and beauty products, and seasonal items, supporting continuity of the tenant’s retail offering.

Key Highlights

  • 2015‑built Dollar General on U.S. Route 19 in Raven, Virginia (Russell County)
  • Absolute NNN lease: tenant responsible for all property expenses
  • Single‑tenant investment with a national discount retailer (Dollar General)

Property Analytics

Current Use

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Furniture & Home Goods Building Supply Bakery (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,128 visits/mo 0.1 miles
Valero Energy Shops & Services
1,178 visits/mo 0.2 miles

Demographics for 24639, VA

3,099
Population
1,673
Households
1.9
Avg Household Size
47
Median Age
25%
College-Educated
81%
High-School Grad
48.0 sq mi
ZIP Area
65
Density / Sq Mi
$43,380
Median Household Income
$36,474
Median Earnings
$692
Median Rent
$107,300
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 - Single-tenant Absolute NNN lease structure with a national discount retailer location along U.S. Route 19.
Where is this nnn property located?
The property is located at 363 Nash Hill Rd Raven, VA.
What is the lease rate?
The lease rate is $1,001,032.
What are key features of this property?
This property features: 2015‑built Dollar General on U.S. Route 19 in Raven, Virginia (Russell County); Absolute NNN lease: tenant responsible for all property expenses; Single‑tenant investment with a national discount retailer (Dollar General)
More about this property
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