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Property summary
This exceptional investment opportunity presents a single-tenant, free-standing Dollar General store located at 6113 Boonsboro Rd, Lynchburg, VA 24503. The 7,397 square foot building, constructed in 2013, sits on a 1.2-acre lot and is zoned B3. The property boasts a strong 7.00% cap rate with a Net Operating Income (NOI) of $89,608. The current lease, a NNN (Triple Net) agreement with a corporate guarantee, offers significant investor benefits, including zero landlord responsibilities. The lease commenced June 1st, 2013, and has a remaining term of 8.6 years, expiring June 30th, 2033. Four (5-year) lease options are included, with 10% rent bumps in each. The property benefits from its location within a thriving Lynchburg community, with a population exceeding 36,000 residents within a 5-mile radius and an average annual household income exceeding $135,000 within a 3-mile radius. This 100% occupied property offers a secure and lucrative investment opportunity for discerning buyers. The property features one story and is a prime example of a well-maintained retail investment. The asking price is $1,280,122.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
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Bank Credit Union
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Postal Service Courier Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lynchburg market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B3 · Lynchburg, VAThe B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The B-3 district is intended to provide for office, retail and service uses meeting the needs of the community as a whole
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B3 in Lynchburg, VA.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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