931 Main St Victoria, VA 23974

This exceptional investment opportunity presents a fee-simple ownership of a 15,730-square-foot Family Dollar and Family Dollar Tree retail property located at 931 Main St, Victoria, VA 23974, within the Richmond MSA. The property sits on a 1.25-acre lot and boasts 27 parking spaces, ensuring ample customer convenience. The building underwent renovations in 2022 and is zoned C-Commercial. The property features a strong, corporate-guaranteed, Net Lease (NN) with Family Dollar Stores of Virginia, LIC, providing a secure and predictable income stream. The current lease term extends until January 31, 2033, offering long-term stability. The property generates a substantial Net Operating Income (NOI) of $94,222.70, resulting in an attractive 6.75% cap rate. The asking price is $1,395,896. The property's parcel number is 033A6-0A-0-13. This is a prime opportunity for investors seeking a stable, high-performing retail asset with a nationally recognized tenant. The property's location in the Richmond MSA provides excellent access to a large consumer base. This is a turnkey investment ready for immediate income generation.