Skip to main content

Discount

Brand New Construction Dollar General | West Virginia | 15 Year Absolute Net Lease

75 E Mt Lookout Rd, Mount Lookout, WV 26678

Listing Price: $2,013,461

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Gross SF
10,542
Guarantor
Corporate Guarantee
Rentable SF
10,542
Price/Gross SF
$190.99
Lease Type
Absolute Net
Rent Per Square Feet
$10.22

Investment Overview

Mt. Lookout is an unincorporated community in Nicholas County, West Virginia, 10 miles south of Summersville. Nicholas County is a county located in the central region of West Virginia.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Features Easy Access and Excellent Visibility. Positioned Along the City's Main Road. Immediate Access to/from US Hwy 19 with Daily Traffic Counts Exceeding 13k Vehicles.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Financing By

Discount

Brand New Construction Dollar General | West Virginia | 15 Year Absolute Net Lease

Listing Price: $2,013,461

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Gross SF
10,542
Guarantor
Corporate Guarantee
Rentable SF
10,542
Price/Gross SF
$190.99
Lease Type
Absolute Net
Rent Per Square Feet
$10.22

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Features Easy Access and Excellent Visibility. Positioned Along the City's Main Road. Immediate Access to/from US Hwy 19 with Daily Traffic Counts Exceeding 13k Vehicles.

Investment Overview

Mt. Lookout is an unincorporated community in Nicholas County, West Virginia, 10 miles south of Summersville. Nicholas County is a county located in the central region of West Virginia.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

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