3553 Foster Falls Rd Barren Springs, VA 24313

This exceptional investment opportunity presents a single-tenant, 8,320-square-foot Family Dollar storefront located at 3553 Foster Falls Rd, Barren Springs, VA 24313. Built in 2018, this freestanding building boasts a strong 8.37% cap rate and a substantial net operating income (NOI) of $83,500. The property features ample parking with 41 spaces and is situated on a prominent site. The current lease with Family Dollar is a Net Lease (NN+) agreement with a remaining term of approximately 3.4 years, expiring March 31, 2028. The lease includes built-in rent bumps and six 5-year renewal options, providing long-term stability and predictable income growth. The asking price is $997,500, translating to a price per square foot of $119.89. This one-story building offers a secure investment with a proven tenant and significant upside potential. The property's location in Wythe County, Virginia, provides convenient access to local amenities and a strong customer base. This is an ideal opportunity for investors seeking a stable, high-yielding retail investment with a well-established national tenant. The property's strong financial performance and favorable lease terms make it a compelling addition to any portfolio.