173 Lee StBroadway, VA 22815

This exceptional investment opportunity presents a net-leased Dollar General store located at 173 W Lee St, Broadway, VA 22815. The property, built in 2004 and renovated in 2014, boasts 9,100 square feet on a 0.65-acre lot zoned B1. Currently operating under a single-tenant, triple-net (NNN) lease with Dollar General, the lease has six years remaining, expiring in April 2030, ensuring consistent cash flow. The property enjoys 100% occupancy and a strong cap rate of 6.40%, with an asking price of $995,000 ($109.34/sq ft). The tenant's strong sales history exceeding $1.4 million annually, coupled with a fundamentally low base rent, makes this a highly desirable asset. Situated on Route 259, a major thoroughfare with over 12,000 vehicles passing daily, the property benefits from high visibility and accessibility. The low maintenance liability, averaging under $2,100 annually over the past three years, is further enhanced by a new HVAC system installed in October 2024. This property is ideally suited for a 1031 exchange buyer seeking a stable, high-yield retail investment with minimal operational responsibilities. The building is a single-story, Class B structure.