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Dollar General | NNN 259 N Main St 9,100 SF Retail Building Webster Springs, WV 26288 $1,155,000 ($126.92/SF) 8.11% Cap Rate
Investment Highlights
- Absolute Triple-Net (NNN) Lease Structure, With Zero Landlord Responsibilities, Providing Passive And Predictable Cash Flow
- Scheduled 10% Rental Increases During Option Periods, Offering Built-In Income Growth And Inflation Protection
- Corporate Lease Backed By Dollar General Corporation, Enhancing Credit Strength And Long-Term Investment Security
- Established Lease Commenced In 2017 With Approximately 6.5 Years Remaining, Providing Stable Near-Term Income Security
- Five (5) Five-Year Renewal Options, Allowing For Up To 25 Additional Years Of Occupancy And Extended Income Potential
- Leading National Discount Retailer — Dollar General Is One Of The Largest Small-Box Retail Chains In The United States, With A Broad And Continually E
Executive Summary
Strategically Positioned Along North Main Street (WV Route 20) | A Primary North-South Corridor Through Webster Springs Connecting Local Residential Areas With Regional Routes Capturing Daily Community And Commuter Traffic
Freestanding Dollar General Store | Highly Visible Retail Site With Direct Access And Efficient Parking, Purpose-Built To Serve Everyday Convenience And Value-Oriented Shopping For The Surrounding Community.
Community-Serving Retail Anchor | Located Within Webster Springs' Primary Commercial Area, Generating Consistent Traffic From Local Residents And Nearby Rural Communities
Established Neighborhood Retail Corridor |Surrounded By Local Businesses, Service Providers, And Community Institutions, Reinforcing North Main Street As The Town's Core Commercial Node
Freestanding Dollar General Store | Highly Visible Retail Site With Direct Access And Efficient Parking, Purpose-Built To Serve Everyday Convenience And Value-Oriented Shopping For The Surrounding Community.
Community-Serving Retail Anchor | Located Within Webster Springs' Primary Commercial Area, Generating Consistent Traffic From Local Residents And Nearby Rural Communities
Established Neighborhood Retail Corridor |Surrounded By Local Businesses, Service Providers, And Community Institutions, Reinforcing North Main Street As The Town's Core Commercial Node
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2017
Price
$1,155,000
Price Per SF
$126.92
Cap Rate
8.11%
NOI
$93,691
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.77 AC
Frontage
930’ on MAIN ST
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 07 301610000 | Improvements Assessment | $263,820 |
| Land Assessment | $9,420 | Total Assessment | $273,240 |
Property Taxes
Parcel Number
07 301610000
Land Assessment
$9,420
Improvements Assessment
$263,820
Total Assessment
$273,240
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Dollar General | NNN | 259 N Main St