173 W LEE ST, BROADWAY, VA 22815

$995,000

bedrooms

bathrooms

square feet

9,100

Acreage

0.65

Open Houses

year built

2004

Full Baths

Half Baths

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Net Leased Dollar General in Broadway. Leased through 4/2030, property is priced at 6.6% CAP rate. DG is a strong tenant that has been there since 2004, it has fundamentally low base rent therefore being a hard store to replace. Situated on Route 259, this property has over 12,000 cars past it everyday. Great opportunity for 1031 exchange buyer. This property has little maintenance liability for the owner, averaging less than $2,100/yr the last 3 years. New HVAC installed in Oct. 2024, this will lead to less liability cost for the owner for years to come.

Location
Subdivision	-
County	Rockingham
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 653672

Listing agent: Craig Anders #0225231207

Listing broker: Cottonwood Commercial Llc (540) 434-9922

Copyright © 2025 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Monday, March 17 2025 at 7:13 p.m. EDT

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