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100 Fieldview Ave 8,365 SF Retail Building Morgantown, WV 26501 $1,636,737 ($195.66/SF) 7.25% Cap Rate



Investment Highlights
- Brand New 10 Year Double Net (NN) Lease Minimal Landlord Responsibilities | Roof, Structure, Parking
- 2 Points of Ingress/Egress | Accessible from 2 Streets 5 (5 Year) Options | 10% Increases At Each Option
- 10,631 Cars Per Day on Fieldview Avenue Investment Grade Dollar Store With "BBB" Credit Rating
- 2026 Retrofit Construction on 2017 Brand New Building Concrete Parking Lot
- 1 Mile Household Income $89,369 5 Mile Population 81,169 | Steady Growth in Population
- Dollar General Corporate Guaranty Across from Mountainview Elementary School
Executive Summary
We are pleased to present this 8,365 SF retrofit Dollar General store located in Morgantown, WV. The property is secured with a 10 year Double Net (NN) Lease leaving minimal landlord responsibilities. The lease contains 5 (5 year) options to renew, each with a 10% rent increase. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is completing construction now with opening & rent start on track for February 2026.
This Dollar General is highly visible as it is strategically positioned on Fieldview Avenue seeing 10,631 cars per day, with 2 points of ingress/egress - available from 2 streets. It sits directly across from Mountainview Elementary School. The 5 mile population from the site is 81,169 and the 1 mile average household income is $89,369 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 7.25% cap rate based on NOI of $118,663.46.
This Dollar General is highly visible as it is strategically positioned on Fieldview Avenue seeing 10,631 cars per day, with 2 points of ingress/egress - available from 2 streets. It sits directly across from Mountainview Elementary School. The 5 mile population from the site is 81,169 and the 1 mile average household income is $89,369 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 7.25% cap rate based on NOI of $118,663.46.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,365 SF
Building Class
C
Year Built/Renovated
2017/2026
Price
$1,636,737
Price Per SF
$195.66
Cap Rate
7.25%
NOI
$118,663
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.14 AC
Parking
25 Spaces (2.99 Spaces per 1,000 SF Leased)
Frontage
420’ on Greenbag Rd
Amenities
- Corner Lot
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-09- 48A-0015.0001 | Improvements Assessment | $481,920 |
| Land Assessment | $182,100 | Total Assessment | $664,020 |
Property Taxes
Parcel Number
31-09- 48A-0015.0001
Land Assessment
$182,100
Improvements Assessment
$481,920
Total Assessment
$664,020
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100 Fieldview Ave
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