Freestanding Dollar General NNN
For Lease
$1,251,508 NNN (Triple Net)
6113 Boonsboro Rd, Lynchburg, VA 24503
Absolute triple-net structure with a corporate-backed Dollar General tenant and an extended term through 2033.
Space SizeContact for details
Days on Market49
Property Features for 6113 Boonsboro Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2013
Listing Agency:
Exclusive Realty
(248) 819-8077
Listed By:
Steve Sagmani · License #6502426558
(248) 819-8077
Source:
Exclusive-realty
Added: Jun 25
Changed: Jul 10
Last Checked: Aug 12 at 4:29AM
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 freestanding Dollar General property was constructed in 2013 and totals 9,100 square feet. The lease is described as an absolute triple net (NNN) arrangement, meaning the tenant is responsible for expenses including taxes, insurance, and maintenance, with zero landlord responsibilities.
The property is located on Boonsboro Road in Lynchburg, Virginia, positioned on a highly trafficked retail corridor. The remarks also describe the surrounding area as a densely populated, high-income residential environment with convenient access and proximity to major roadways.
The offering includes a long-term, corporate-backed lease with Dollar General (NYSE: DG), and the remarks state there is a corporate guarantee by Dollar General Corporation. An early extension of a 5-year option is noted, extending the term from 2028 to 2033, with 8 years remaining on the lease. For tenants, operators, and investors seeking a national-credit tenant structure under an absolute NNN model, this provides a practical, low-interaction ownership or leasing profile based on the responsibilities outlined in the lease terms.
The property is located on Boonsboro Road in Lynchburg, Virginia, positioned on a highly trafficked retail corridor. The remarks also describe the surrounding area as a densely populated, high-income residential environment with convenient access and proximity to major roadways.
The offering includes a long-term, corporate-backed lease with Dollar General (NYSE: DG), and the remarks state there is a corporate guarantee by Dollar General Corporation. An early extension of a 5-year option is noted, extending the term from 2028 to 2033, with 8 years remaining on the lease. For tenants, operators, and investors seeking a national-credit tenant structure under an absolute NNN model, this provides a practical, low-interaction ownership or leasing profile based on the responsibilities outlined in the lease terms.
Key Highlights
- Absolute triple‑net (NNN) Dollar General with 15‑year structure and zero landlord responsibilities
- Dollar General corporate‑backed tenant (NYSE: DG) with corporate guarantee
- Lease extended via early extension with 5‑year option, extending the term from 2028 to 2033
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 24503, VA
19,810
Population
8,755
Households
2.3
Avg Household Size
44
Median Age
59%
College-Educated
96%
High-School Grad
36.7 sq mi
ZIP Area
540
Density / Sq Mi
$92,025
Median Household Income
$46,521
Median Earnings
$972
Median Rent
$320,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute triple-net structure with a corporate-backed Dollar General tenant and an extended term through 2033.
Where is this nnn property located?
The property is located at 6113 Boonsboro Rd Lynchburg, VA.
What is the lease rate?
The lease rate is $1,251,508.
What are key features of this property?
This property features: Absolute triple‑net (NNN) Dollar General with 15‑year structure and zero landlord responsibilities; Dollar General corporate‑backed tenant (NYSE: DG) with corporate guarantee; Lease extended via early extension with 5‑year option, extending the term from 2028 to 2033
