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819 Blue Ridge Rd, Glasgow, VA, 24555

FORMER DOLLAR GENERAL FOR SALE / LEASE
Closed

Key Information

Tot. SF
8,125
Year Built
2005
Type
Retail

Highlights

  • 2005 built to suit construction for Dollar General including a standard seam roof system and loading dock.
  • Located on one of the main corners in Glasgow, this property benefits from being situated near all other retailers in town.
  • Dollar General vacated the premise on 12/31/2024 and built a brand new, larger store just 3 parcels from the property. The tenant ran a successful operation at this location since 2005 and exercized two, 5-year options to extend, showing their success in the market and heightened forecasts for consumer spending.
  • 8,125 square foot building situated on a 1.03 acre parcel with over 34 parking spaces.
  • Building dimensions are approximately 65’x130′, making this a perfect space for a multitude of different uses.
  • Over 230 feet of frontage on Blue Ridge Road.
  • Located 35 miles northeast of Roanoke, 40 miles Southwest of Waynesboro, 10 miles south of Lexington, and just 8 miles south of Buena Vista.
  • Tenant was previously paying $65,000 in annual rent on a NN lease.
  • The property is in great condition as illustrated by the landlords maintenance log – contact broker for details.
  • Two energy star York HVAC units in good condition with 187V-252V & 236-445 psig.
  • Cheap taxes of $4,387.12 annually providing a user with low occupancy costs.
  • Mohawk Industries 1,500,000 square foot production facility is located just 2,000 feet from the property.
  • In 2017, Mohawk Industries announced a $10 million investment for expansion to enhance the plant’s capabilities
  • This facility employs approximately 700 workers, making it one of the largest employers in all of Rockbridge County.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203