Dollar General | Charles City, VA

10341 Courthouse Rd, Charles City, VA, 23030-3437, US

Dollar General | Charles City, VA_Property for Sale


Dollar General | Charles City, VA 2_Property for Sale

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in the single-tenant Dollar General (the “Property” or “Asset”) located at 10341 Courthouse Rd in Charles City, VA. The Property is 100% leased by Dollar General Corporation (“Dollar General” the “Tenant”) under an absolute NNN lease structure with 11.8 years of lease term remaining, subject to 5 x 5-year extension options. 

The Property is ideally situated along Courthouse Rd, directly adjacent to the Charles City County school system and the Charles City Health Center. Downtown Charles City main intersection is Courthouse Road & John Tyler Memorial Hwy, less than 0.25 miles from the Asset. Charles City County is a quiet, rural haven of 6,773 residents located in the east-central portion of the Commonwealth of Virginia, 30 miles southeast of Richmond, VA. Charles City County is located within the Richmond, VA metropolitan statistical area. The Richmond metropolitan population exceeds 1.26 million, making it the third most populous metro area in Virginia. 


Asking Price
Building area Net
839 m²
Year built
Land area Net
0.01 km² (10,522 m²)

Investment Highlights

  • Investment Grade Tenancy (S&P: BBB)
  • 11.8 years of lease term remaining, subject to a 10% annual bump each extension option
  • NNN lease structure - zero landlord responsibilities
  • Situated within the Richmond, VA MSA
  • Corporate guaranteed lease from a Fortune 500 tenant (Ranked #106 in 2022)
  • Dollar General continues to expand their foot print and plans to open 1,000+ stores in 2023

Dollar General | Charles City, VA 4_Property for Sale
Dollar General | Charles City, VA 4_Property for Sale

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Last updated
18 Jan 2023