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Emporia, VA NNN Properties for Sale

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Retail Asset with Corporate Guarantee
Updated: Feb 16, 2023
Retail Asset with Corporate Guarantee

102 Dominion Dr, Emporia, VA 23847

$1,390,000
10,228 sqft 1.83 AC lot
Turnkey, income‑producing retail asset with corporate guarantee from Aaron's, LLC.
New five‑year lease extension commencing January 1, 2026, through December 31, 2030, at $126,000 annual rent (NN).
Excellent 8.4% cap rate in a sub-$1.5M price range.
Located on 1.83 acres with 166 feet of frontage on Dominion Drive, offering excellent visibility and ample parking (approximately 50 spaces).
Tenant has one additional five‑year renewal option (through 2035) at $138,600 annual rent.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Emporia, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Build-to-Suit Dollar General NNN
Build-to-Suit Dollar General NNN

8720 Claystreet Road, Ford, VA 23850

$2,398,000
10,640 sqft

New 10,640 SF Dollar General retail building with a 15-year absolute NNN lease guaranteed by Dollar General Corporation.

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Single-Tenant NNN Restaurant Ground Lease
Single-Tenant NNN Restaurant Ground Lease

11450 Midlothian Turnpike, Richmond, VA 23235

$3,136,000
6,692 sqft

For sale Carrabba’s Italian Grill on an absolute NNN ground lease with about 10 years remaining and scheduled 10% escalations.

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Colonial Heights Pharmacy Investment
Colonial Heights Pharmacy Investment

2000 Snead Ave, Colonial Heights, VA 23834

$295,000
765 sqft

Established pharmacy with drive-thru in high-traffic Colonial Heights.

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Mixed-Use Restaurant and Residential Building
Mixed-Use Restaurant and Residential Building

417 W Grace Street, Richmond, VA 23220

$1,650,000
6,132 sqft

Renovated mixed-use property with NNN restaurant space and furnished-style residential interiors, positioned for steady tenant draw.

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Emporia, VA Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Emporia, VA on our real estate platform. These investment opportunities span a total of 10,228 square feet of properties for sale, with an estimated market value of $1,390,000.

Sale prices for triple net lease properties in Emporia, VA start at $1,390,000, averaging $1,390,000, and reaching up to $1,390,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K
Population Growth (5Y) -13.0%
Median Household Income $49,644
College Educated 19.7%

High-Yield Neighborhoods for Investment

Identify Emporia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23847 $1.5M

Taxes & Financing

Tax Rate (average for all types) 0.86%
Property Tax per SF $22.21 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

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