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467 E Mount Lookout Rd
Mount Lookout, WV 26678
Family Dollar · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
8,400 SF
Building Class
C
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.98 AC
Parking
35 Spaces (4.21 Spaces per 1,000 SF Leased)
Frontage
272’ on Deitz

ABOUT 467 E MOUNT LOOKOUT RD , MOUNT LOOKOUT, WV 26678

Matthews REIS and Josh Bishop are pleased to exclusively offer for sale the Family Dollar property located in Mount Lookout, WV. The subject property is on a rare Family Dollar lease structure which incorporates RENT INCREASES EVERY 3-YEARS. Assuming a purchase at list price and with maximum increases, an investor would receive an average return of 7.44% over the base term of the lease. The store opened in August of 2016 on a 15-year absolute NNN lease. The store is located at the intersection of Mount Lookout and Deitz Road. The average household income is approximately $55,000, making it an ideal market for a dollar store.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-13-00860000
Land Assessment
$67,680
Improvements Assessment
$112,800
Total Assessment
$180,480
  • Listing ID: 9841816

  • Date on Market: 11/2/2017

  • Last Updated:

  • Address: 467 E Mount Lookout Rd, Mount Lookout, WV 26678

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