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

Viand St, Point Pleasant (WV - OH Border), WV 25550

Listing Price: $2,099,626

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Gross SF
9,002
Guarantor
Corporate Guarantee
Rentable SF
9,002
Price/Gross SF
$233.24
Lease Type
Absolute Net
Rent Per Square Feet
$12.48

Investment Overview

Point Pleasant is a city in and the county seat of Mason County, West Virginia, at the confluence of the Ohio and Kanawha Rivers. It is the principal city of the Point Pleasant, WV-OH Micropolitan Statistical Area. The Point Pleasant Micropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of two counties – one in West Virginia and one in Ohio.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • Features Easy Access and Excellent Visibility. Positioned Along the City's Main Road. Next Nearest Dollar General is more than 5 Miles away.
  • 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 $34.22 Billion.
  • Minutes from Gallia-Meigs Regional Airport - a Public Airport and an Important Tool in the Area's Economic Development. 1$ Million Recent Renovation.
  • Near Pleasant Valley Hospital Regional Health Center - a 201-Bed Facility that offers a Full Spectrum of Services including a 101-Bed Acute Care Facility, a 100-Bed Nursing and Rehabilitation Center, and a Wellness Center.
  • In Close Proximity to Point Pleasant High School, which has an Enrollment of over 850 Students, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students and Teachers.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

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

    San Diego

Financing By

Discount

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

Listing Price: $2,099,626

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Gross SF
9,002
Guarantor
Corporate Guarantee
Rentable SF
9,002
Price/Gross SF
$233.24
Lease Type
Absolute Net
Rent Per Square Feet
$12.48

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • Features Easy Access and Excellent Visibility. Positioned Along the City's Main Road. Next Nearest Dollar General is more than 5 Miles away.
  • 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 $34.22 Billion.
  • Minutes from Gallia-Meigs Regional Airport - a Public Airport and an Important Tool in the Area's Economic Development. 1$ Million Recent Renovation.
  • Near Pleasant Valley Hospital Regional Health Center - a 201-Bed Facility that offers a Full Spectrum of Services including a 101-Bed Acute Care Facility, a 100-Bed Nursing and Rehabilitation Center, and a Wellness Center.
  • In Close Proximity to Point Pleasant High School, which has an Enrollment of over 850 Students, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students and Teachers.

Investment Overview

Point Pleasant is a city in and the county seat of Mason County, West Virginia, at the confluence of the Ohio and Kanawha Rivers. It is the principal city of the Point Pleasant, WV-OH Micropolitan Statistical Area. The Point Pleasant Micropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of two counties – one in West Virginia and one in Ohio.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

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

    San Diego

Financing By

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