Skip to main content

Discount

Family Dollar

204 S Pike St, Shinnston, WV 26431

Listing Price: $737,169

Cap Rate
6.50%
Tenant Name
Family Dollar
Years Remaining On Lease
3.4
Guarantor
Corporate Guarantee
Rentable SF
13,000
Lease Type
Double Net
Rent Per Square Feet
$3.69

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of a Family Dollar property located on 204 S. Pike St., Shinnston, WV 26431. The site consists of roughly 13,000 rentable square feet of building space on an estimated 1.31-acres of land. The property is subject to a 4 year double-net (NN) lease, which commenced on March 6th 2000. The current annual rent is $47,916 and is scheduled to increase by 10% throughout the Three (3) Renewal Option Periods.

Investment Highlights

  • 4 Year Double Net (NN) Lease with Three (3) –Five (5) Year Options to Renew –Brining Potential Lease Term up to More Than 19 Years.
  • Corporate Guarantee -Lease Guaranteed by Dollar Tree, a Fortune 200 Company with over 15,000 Stores
  • Attractive Rental Increases During Option Periods –10% Every Five (5) Years

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

  • Judson Kauffman

    Licensed Real Estate Salesperson

    (212) 430-5204

    Email Judson

    License(s): NY: 40KA1034273, NY: 10401296108

    Manhattan

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) WV: WVB220300809

    West Virginia

Discount

Family Dollar

Listing Price: $737,169

Cap Rate
6.50%
Tenant Name
Family Dollar
Years Remaining On Lease
3.4
Guarantor
Corporate Guarantee
Rentable SF
13,000
Lease Type
Double Net
Rent Per Square Feet
$3.69

Investment Highlights

  • 4 Year Double Net (NN) Lease with Three (3) –Five (5) Year Options to Renew –Brining Potential Lease Term up to More Than 19 Years.
  • Corporate Guarantee -Lease Guaranteed by Dollar Tree, a Fortune 200 Company with over 15,000 Stores
  • Attractive Rental Increases During Option Periods –10% Every Five (5) Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of a Family Dollar property located on 204 S. Pike St., Shinnston, WV 26431. The site consists of roughly 13,000 rentable square feet of building space on an estimated 1.31-acres of land. The property is subject to a 4 year double-net (NN) lease, which commenced on March 6th 2000. The current annual rent is $47,916 and is scheduled to increase by 10% throughout the Three (3) Renewal Option Periods.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

  • Judson Kauffman

    Licensed Real Estate Salesperson

    (212) 430-5204

    Email Judson

    License(s): NY: 40KA1034273, NY: 10401296108

    Manhattan

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): WV: WVB220300809

    West Virginia

MM Texture Background
MM Textured Background Lower