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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

216 Duff Patt Hwy Duffield, VA 24244

10,500 SF 1.14 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 10,500-square-foot retail building situated on a 1.139-acre lot in Duffield, Virginia. The property boasts a 100% occupancy rate with a 10-year net-net lease to a credit-rated, corporate-guaranteed tenant: Dollar Tree/Family Dollar. This is a new hybrid store concept, demonstrating higher sales averages than traditional models. The building, constructed in 2023, enjoys a prime location on Duff Patt Highway, experiencing approximately 5,200 vehicles per day. The asking price is $1,950,000, representing a compelling $185.71 per square foot and a 7.00% cap rate, with a current NOI of $136,500. The property features a single-story building on commercially zoned land (APN: 80A4-A-14A), and the lease commenced April 1st, 2024. Minimal landlord responsibilities are expected due to the inclusion of a roof warranty. This e-commerce resistant tenant and strong lease terms make this a low-risk, high-return investment opportunity. The property's address is 216 Duff Patt Hwy, Duffield, VA 24244.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 10,500 SF
Lot 1.14 ac (49,615 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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