Skip to main content

Discount

Family Dollar

1521 Van Meter Way, West Liberty, WV 26074

Listing Price: $1,576,000

Cap Rate
6.00%
Tenant Name
Family Dollar Stores of West Virginia, LLC
Years Remaining On Lease
7.1
Gross SF
8,320
Guarantor
Corporate Guarantee
Rentable SF
8,320
Price/Gross SF
$189.42
Lease Type
Double Net
Rent Per Square Feet
$11.36

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. West Liberty is a town in Ohio County, West Virginia, part of the Wheeling, WV Metropolitan Statistical Area. The town is part of a region of West Virginia known as the Northern Panhandle. It is a culturally and geographically distinct region of the state, bounded by Ohio and the Ohio River on the north and west, and Pennsylvania on the east.

Investment Highlights

  • Corporate Guaranteed-Lease with Seven Years Remaining on Lease Term
  • Rental Increases in Each Five-Year Option Period
  • 64,230 Residents within a 10-Mile Radius - Part of the Wheeling, WV MSA
  • Limited Competition - Subject Property is the Only Discount/Dollar Store within a 10-Mile Radius
  • Easily Accessible to 3,000+ College Students - Located One Mile from West Liberty University and Four Miles from Bethany College
  • 15 Minutes North of Oglebay, a 2,000-Acre Park with a Resort, Two Golf Courses, a Zoo, and Annual Events (1 Million+ Visitors Annually)
  • Average Household Income Exceeds $79,000 within a Three-Mile Radius
  • Located a One-Hour Drive Away from Pittsburgh, PA

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Financing By

Listing Price: $1,576,000

Cap Rate
6.00%
Tenant Name
Family Dollar Stores of West Virginia, LLC
Years Remaining On Lease
7.1
Gross SF
8,320
Guarantor
Corporate Guarantee
Rentable SF
8,320
Price/Gross SF
$189.42
Lease Type
Double Net
Rent Per Square Feet
$11.36

Investment Highlights

  • Corporate Guaranteed-Lease with Seven Years Remaining on Lease Term
  • Rental Increases in Each Five-Year Option Period
  • 64,230 Residents within a 10-Mile Radius - Part of the Wheeling, WV MSA
  • Limited Competition - Subject Property is the Only Discount/Dollar Store within a 10-Mile Radius
  • Easily Accessible to 3,000+ College Students - Located One Mile from West Liberty University and Four Miles from Bethany College
  • 15 Minutes North of Oglebay, a 2,000-Acre Park with a Resort, Two Golf Courses, a Zoo, and Annual Events (1 Million+ Visitors Annually)
  • Average Household Income Exceeds $79,000 within a Three-Mile Radius
  • Located a One-Hour Drive Away from Pittsburgh, PA

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. West Liberty is a town in Ohio County, West Virginia, part of the Wheeling, WV Metropolitan Statistical Area. The town is part of a region of West Virginia known as the Northern Panhandle. It is a culturally and geographically distinct region of the state, bounded by Ohio and the Ohio River on the north and west, and Pennsylvania on the east.

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

Financing By

MM Texture Background
MM Textured Background Lower