Dollar General

363 Nash Hill Rd, Raven, VA 24639

Property Information

  • For Sale $1,034,400
  • Property Type Retail - Street Retail
  • Property Size 9,100 SF
  • Lot Size 0.96 Acre
  • Property Tenancy Single Tenant
  • Year Built 2015
  • Date Updated Jun 25, 2026

Description

Raven, Virginia is a small, affordable community nestled in the Appalachian region of southwestern Virginia that offers certain niche advantages for thoughtful investment, particularly in local retail and commercial services aimed at serving residents and neighboring areas. With a population of approximately 1,800–2,200 people, Raven’s cost of living and housing prices are significantly lower than state and national averages, making it an affordable place for residents and reducing barriers to entry for investors purchasing property or launching new ventures. The strong homeownership rate and relatively stable, close-knit population help support baseline demand for everyday retail needs like groceries, convenience stores, and service-oriented businesses. Its scenic Appalachian setting and tranquil lifestyle appeal to residents who value outdoor recreation, peace, and affordable living, providing opportunities for retailers that complement community life such as cafes, outdoor gear shops, and local specialty stores. While Raven is a small market, its affordability and existing commercial inventory create space for targeted retail investment that fills unmet local needs and captures modest regional traffic. Available retail properties and commercial lots in the area—including storefronts or mixed-use buildings—offer accessible price points and flexibility for investors looking to serve local households or travelers passing through via U.S. highways that run nearby. The community’s proximity to outdoor recreation and nearby towns means that investment tailored to both everyday convenience and occasional visitor spending has potential, especially if development aligns with incremental population or tourism trends in the region. While demographic and economic indicators suggest a small, largely residential economy, Raven’s low cost environment and affordability make it feasible for investors focused on essential retail, neighborhood services, or local experiences that support sustainable, community-rooted business models.Exclusive Realty is pleased to present an Absolute NNN Dollar General investment opportunity for sale in Raven, Virginia, a tightly knit community in Russell County serving as a retail anchor for surrounding rural trade areas. Situated along U.S. Route 19, the property benefits from steady daily traffic and convenient access to nearby population centers such as Lebanon, Gate City, and Bristol, supporting consistent demand for necessity-based retail. Raven is supported by its proximity to regional employers, local schools, and essential services that drive regular consumer visits. Dollar General provides a broad assortment of everyday essentials, including groceries, household goods, health and beauty products, and seasonal items, making it a primary shopping destination for local residents and commuters. This investment features an Absolute NNN lease, under which the tenant is responsible for all property-level expenses, including taxes, insurance, and maintenance, delivering truly passive and predictable income with minimal landlord involvement. Backed by Dollar General’s strong national credit profile and proven performance in small and rural markets, this asset offers long-term stability in a defensive retail category.

Highlights

  • Absolute NNN Dollar General investment
  • Essential retail format serving everyday consumer needs
  • High visibility and access along U.S. Route 19
  • Located in Raven, VA (Russell County)
  • National, credit-backed discount retailer with a strong rural footprint
  • Primary retail destination for local residents and surrounding communities
  • Stable, long-term passive income stream
  • Tenant responsible for all property expenses (absolute NNN lease)

Contacts

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