40811 W. Morgan Avenue

40811 W. Morgan Avenue, Pennington Gap, VA 24277

Property Information

  • For Sale $1,920,000
  • Property Type Retail
  • Property Size 10,500 SF
  • Lot Size 1.1 Acre
  • Parking Spaces Avail. 28
  • Parking Ratio 2.67 / 1,000 SF
  • Date Updated Apr 17, 2026

Description

Cushman & Wakefield | Thalhimer is pleased to exclusively offer for sale a newly constructed, corporately guaranteed Family Dollar in Pennington Gap, Virginia. This ±10,500 square foot property sits on ±1.102 acres, delivering essential household goods and everyday consumables to an under served rural trade area with limited national retail competition. The asset is secured by a 10-year double net lease with minimal landlord responsibilities limited to roof and structure, supported by an active roof warranty. Located directly on U.S. Highway 58, the site offers excellent visibility and access with ± 7,500 vehicles per day and serves as one of the few national retailers in the region. Family Dollar Stores, Inc. is one of the nation’s largest discount retailers, operating approximately 7,000 locations across 48 states with a focus on affordable, essential goods for value-conscious consumers. Backed by dedicated private equity ownership and led by a seasoned executive team with deep retail experience, the company reported approximately $13 billion in revenue for fiscal year 2025 and is actively investing in its store operations, supply chain, and merchandising strategy to drive long-term performance.

Contacts

Catharine Spangler

Cushman & Wakefield | Thalhimer

Location

Contact Listing Broker
Catharine Spangler

Cushman & Wakefield | Thalhimer

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