Family Dollar NNN Retail
For Sale
Contact for pricing
639 Wood Ave E, Big Stone Gap, VA 24219
Corporate-guaranteed NN lease with renewal options and established operating history.
Property Size9,180 SF
Price / SF$87.15
Days on Market78
Property Features for 639 Wood Ave E
General Information
Standard status
Active
Size
9,180 SF
Property subtype
Retail
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$63,800
Additional Details
Anchor Co-Tenants
Food City
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - San Francisco
(415) 625-2162
Listed By:
Bill Schofield · License #CA 01239109
Source:
Crexi
Added: Jun 15
Changed: Aug 30
Last Checked: Aug 30 at 1:08PM
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 - San Francisco
Investment Insights
Based on property information with market context.
This 9,180-square-foot retail property is leased to Family Dollar under an NN lease with more than 2.5 years remaining. The lease includes a corporate guaranty, three additional five-year renewal options, and 10% increases at each renewal. A percentage-rent provision applies once gross sales exceed $1,933,333.
The property operates as a pad positioned alongside Food City in Big Stone Gap’s retail corridor. Family Dollar has operated at this location for more than 20 years. During the final two years of the current term, the landlord is responsible for the roof, structure, parking lot expenses exceeding $1,000, and HVAC.
The property operates as a pad positioned alongside Food City in Big Stone Gap’s retail corridor. Family Dollar has operated at this location for more than 20 years. During the final two years of the current term, the landlord is responsible for the roof, structure, parking lot expenses exceeding $1,000, and HVAC.
Key Highlights
- 9,180‑square‑foot Family Dollar retail property
- NN lease with more than 2.5 years remaining
- Corporate guaranty and 20+ years of operating history at this location
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
49k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 44%
Shops & Services 37%
Dining 17%
Electronics 2%
Food City
Groceries
19,010 visits/mo
0.1 miles
Hardee's
Dining
7,038 visits/mo
0.1 miles
Family Dollar
Shops & Services
6,258 visits/mo
0.1 miles
Dollar General
Shops & Services
4,946 visits/mo
0.3 miles
Truist
Shops & Services
3,901 visits/mo
0.1 miles
Demographics for 24219, VA
10,429
Population
4,473
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
85%
High-School Grad
72.8 sq mi
ZIP Area
143
Density / Sq Mi
$52,303
Median Household Income
$31,661
Median Earnings
$808
Median Rent
$161,300
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?
NNN property - Corporate-guaranteed NN lease with renewal options and established operating history.
Where is this nnn property located?
The property is located at 639 Wood Ave E Big Stone Gap, VA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 9,180‑square‑foot Family Dollar retail property; NN lease with more than 2.5 years remaining; Corporate guaranty and 20+ years of operating history at this location
