Cap Rate
8%
Tot. SF
11,278
2141 South Crater Road, Petersburg, VA, 23805
Dollar Tree
$1,288,512
Key Information
Year Built
2021 R
Term Remaining
±4.75 YRS
Type
Retail
NOI
$103,080
Highlights
- 2021 Renovation by Dollar Tree from a former pharmacy
- Five, 5-Year Options, all of which include an attractive rental increase
- 5 mile population in excess of 74,968
- Traffic Counts on S. Crater Rd exceeding 23,000 VPD
- Nearby national tenants include McDonalds, Autozone, CVS, NTB,
- Food Lion, 7-Eleven, Hardees, Wendy’s, and many more
- Extremely strong investment grade corporate guarantee
- Robust average household income of $96,841 proving an affluent surrounding community to support the store for years to come
- Dollar Tree recently sold off Family Dollar in summer of 2025 to refocus on its core, higher-performing brand
- Since the sale of Family Dollar, Dollar Tree has seen an increase in their stock price of nearly 25%
- Investment Grade Credit Tenant – S&P Rated BBB
Photos
Location
Agents
J
Josh BishopLicense # 688810 (TX)
S
Scotty LatimerLicense # 790608 (TX)
Broker of Record
Kyle Matthews
License # 226035518 (VA)Matthews Real Estate Investment Services, Inc1600 West End, Ste. 1500 Nashville, TN 37203