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623 Nicholas St
Rupert, WV 25984
Family Dollar · Retail Property For Sale
PROPERTY FACTS
ABOUT 623 NICHOLAS ST , RUPERT, WV 25984
Matthews REIS and Josh Bishop are pleased to exclusively offer for sale the 2016 construction Family Dollar located in Rupert, West Virginia. 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 max increases, an investor would receive an average return of 7.44% over the base term of the lease. The store opened in March 2016 on a 15-year, absolute NNN lease. The subject property is strategically located at the corner of Route 60 and 7th St. The average household income is approximately $52,000, making it an ideal market for a dollar store.
PROPERTY TAXES
| Parcel Number | 1315 504590000 | Improvements Assessment | $155,100 |
| Land Assessment | $4,080 | Total Assessment | $159,180 |
PROPERTY TAXES
