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Dollar General - Pennsboro WV 70 Ritchie Center Dr 10,640 SF Retail Building Pennsboro, WV 26415 $2,011,911 ($189.09/SF) 6.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 15 Year Absolute NNN Lease | Zero Landlord Responsibilities 2025 BTS Plus Size Construction | Opening Soon
  • Three Mile Household Income $71,998 Ten Mile Population 9,041
  • 2.5 Miles to Pennsboro Speedway Race Track Investment Grade Dollar Store With "BBB" Credit Rating
  • 5% PRIMARY TERM RENT INCREASES EVERY 5 YEARS! 5 (5 Year) Options | 5% Increases At Each Option
  • 9,336 VPD on Northwest Turnpike (Highway 50) Corner Site | Off of a Main Thoroughfare

EXECUTIVE SUMMARY

We are pleased to present this new 10,640 SF. Dollar General Plus store located in Pennsboro, West Virginia. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rent increases every 5 years including at each of the 5 (5 year) options to renew! The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store completed construction and successfully opened for business in June 2025.
This Dollar General Plus is highly visible as it is strategically positioned on Richie Center Drive & Northwest Turnpike (Highway 50) which sees 9,336 cars per day. It sits on a main thoroughfare connecting cities. It sits only 2.5 miles from the historic & active Pennsboro Speedway Race Track. The 10 mile population from the site is 9,041 and the 3 mile average household income is $71,998 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 6.75% cap rate based on NOI of $135,804.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
10,640 SF
Year Built
2025
Price
$2,011,911
Price Per SF
$189.09
Cap Rate
6.75%
NOI
$135,804
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.19 AC
Zoning
Commercial
Parking
31 Spaces (2.91 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Dollar General
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Dollar General Retailer 99,999 SF - Lorem Ipsum Jan 0000
  • Listing ID: 36319840

  • Date on Market: 6/19/2025

  • Last Updated:

  • Address: 70 Ritchie Center Dr, Pennsboro, WV 26415

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