This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2400 Chapline St
Wheeling, WV 26003
Family Dollar - 10-Year Lease Extension · Retail Property For Sale
PROPERTY FACTS
ABOUT 2400 CHAPLINE ST , WHEELING, WV 26003
INVESTMENT HIGHLIGHTS - Extremely attractive 8.25% cap rate for a 10-year lease - 20 Year Operating History – Family Dollar has operated at this location since 1998 - Recent Extension – Family Dollar just extended their lease for an additional 10-years, proven their commitment to the location - Brand new roof installed in 2017 and new parking lot in 2019 - Attractive NN+ lease with minimal landlord responsibility - Corporate guarantee from Family Dollar - Large 1.15 AC lot with ample parking - 5-mile population exceeds 55,000 residents, 10-mile population exceeds 104,000 residents - Average household income of more than $60,000 annually (Family Dollars target demographic) - The subject property is well located in the heart of Wheeling, WV, which has a population of more than 28,000 residents - Wheeling is located along the Ohio River and is just 55 miles southwest of Pittsburgh - Family Dollar holds an investment-grade credit rating of BBB- - Family Dollar was recently acquired by Dollar Tree, Inc and is now considered to be one of the largest small-box discounter retailers
PROPERTY TAXES
| Parcel Number | 10-W65-02850000 | Improvements Assessment | $111,900 |
| Land Assessment | $16,140 | Total Assessment | $128,040 |
PROPERTY TAXES
