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Family Dollar | Net Lease Investment

sold
Property Information
Type
:
Retail
For
:
Sale
Price
:
$813,750
Investment opportunity in New Castle Virginia! Five years remaining on the lease, with three additional five year options to renew - 10% bumps for each new term. This is the only Dollar Store in Craig County, VA - and the closest national grocery chain is 48 minutes away in Roanoke, VA. The rural demographic is perfect for the Dollar Store business model, and the store draws customers from a driving radius of 45 minutes to the north, east and west. Jim Deyerle is co-listing agent for this property.
 
Frank Martin
Phone: 540-857-5840
Following a successful career as a marketing researcher and marketing consultant with Martin Research, Inc., Frank decided it was time for a change. He put his research business on the market, and entered the vibrant world of commercial real estate as a Sales and Leasing Specialist with Hall Associates.

And he hit the ground running. Current listings include some of the most prestigious office properties in the Roanoke and New River Valleys. Notable clients include the Virginia Tech Corporate Research Center, BNC Bank, VaCorp, the Virginia Tech Foundation, and The Western Virginia Foundation for the Arts and Sciences, as well as several local investors and companies looking to expand their presence in the Western Virginia markets.

Since joining Hall, Frank has used his marketing experience very successfully on behalf of his clients, combining the traditional approaches of signs in the yard and telephone calls with the new age technologies of web, video and social media to increase the visibility of his listings and expose the properties to more potential buyers. Frank was Sales Leader for Hall for both 2015 and 2016, and in 2017 passed his Broker exam and was named Senior Associate Broker for the firm.

A lifelong resident of the Roanoke Valley, Frank has been involved extensively in the Roanoke Community as President of the Backbone Club of the Roanoke Valley Chamber of Commerce, Board Member and Past President of the Roanoke Symphony Orchestra, Baseball Coach and youth volunteer. He currently sits on the Board of the Roanoke Higher Education Center Foundation, and is a REALTOR with the Roanoke Valley Association of Realtors, where he chairs the Economic Development Committee.