8720 Claystreet Road, Ford, VA 23850
New 10,640 SF Dollar General retail building with a 15-year absolute NNN lease guaranteed by Dollar General Corporation.
- Added:
- Jun 1, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 6 at 3:01 am
Property Features for 8720 Claystreet Road
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agent Kyle Blatt License #CA 02017976
Listing office Marcus & Millichap - Orange County
Listing date Jun 1, 2026
Source Crexi
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 - Orange County
HighLights
- 10,640 SF brand‑new 2026 Dollar General retail building (Year built: 2026)
- 15‑year absolute NNN lease guaranteed by Dollar General Corporation
- Located on U.S. Route 460, the primary east‑west corridor between the Petersburg MSA and Lynchburg/Roanoke
- Property is about 20 miles west of Petersburg in the Fort Lee/Fort Pickett military trade area
Overview
The building is located on U.S. Route 460, identified as the primary east-west corridor connecting the Petersburg MSA to Lynchburg and Roanoke. The site is positioned approximately 20 miles west of Petersburg within the Fort Lee/Fort Pickett military trade area.
For investors seeking a single-tenant, long-term retail lease, this offering pairs a new construction asset with an absolute NNN commitment backed by the corporate guaranty from Dollar General. The specialty retail nature of the property is designed around the tenant’s grocery and convenience market format, supporting an operating profile consistent with Dollar General’s business model over the lease term.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $197.9k | $18.60 |
| − Vacancy | −$13.9k | −$1.30 |
| EGI | $184.1k | $17.30 |
| − OpEx | −$46.0k | −$4.32 |
| NOI | $138.0k | $12.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ford
- County
- Dinwiddie
- State
- Virginia
- Longitude
- -77.729423
- Latitude
- 37.1533205
