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Family Dollar Leased Investment Property
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202 Front St, Coeburn, VA 24230

Leased to Family Dollar, offering an 8% cap rate.

Property Size8,400 SF
Price / SF$177.59
Days on Market832

Property Features for 202 Front St

General Information

Standard status Active
Size 8,400 SF
Total Parking Spaces 31
Property subtype Retail
Lease Type NN

Building Details

Tenancy Single
Listing Agency: Old Dominion Realty
Listed By: Michael Pugh · License #VA
Source: Crexi
Added: May 13, 2024 Changed: Aug 8 Last Checked: Aug 21 at 3:35PM

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 Old Dominion Realty

Investment Insights

Based on property information with market context.

This commercial property is leased to Family Dollar. The lease includes five 5-year terms, commencing on July 1st, 2024. The landlord is responsible for maintaining the exterior and structural components of the building. The property includes 31 parking spaces. The property offers an 8% cap rate. The building has a property size of 8,400 square feet.

Key Highlights

  • 8% cap rate
  • Leased to Family Dollar
  • Five 5‑year renewal terms beginning July 1st, 2024

Property Analytics

Current Use

Family Dollar Discount Store Family Dollar Store Discount Store

Suggested Use

Top Pick Electrical Service Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 74% Groceries 23% Dining 3%
Price Less Foods Groceries
4,755 visits/mo 0.1 miles
Valero Energy Shops & Services
4,086 visits/mo 0.4 miles
Family Dollar Shops & Services
3,893 visits/mo 0.0 miles
Valero Energy Shops & Services
3,241 visits/mo 0.1 miles
Valero Energy Shops & Services
1,702 visits/mo 0.4 miles

Demographics for 24230, VA

7,708
Population
3,863
Households
2
Avg Household Size
45
Median Age
14%
College-Educated
78%
High-School Grad
124.1 sq mi
ZIP Area
62
Density / Sq Mi
$56,040
Median Household Income
$38,049
Median Earnings
$725
Median Rent
$104,900
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 - Leased to Family Dollar, offering an 8% cap rate.
Where is this nnn property located?
The property is located at 202 Front St Coeburn, VA.
What is the asking price?
The asking price for this property is $1,491,750.
What are key features of this property?
This property features: 8% cap rate; Leased to Family Dollar; Five 5‑year renewal terms beginning July 1st, 2024
(540) 433-2454 Call to check price and availability
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