Discount
Absolute Net Dollar General | Highest Population State Capital Location | Three, 5-Year Options
2382 Sissonville Dr, Charleston, WV 25387
Listing Price: $1,609,103
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
8.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$12.82
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar General located in Charleston, West Virginia.
Absolute Net Dollar General | Highest Population State Capital Location | Three, 5-Year Options
Investment Highlights
- Build-to-Suit Dollar General with Over Eight Years Remaining | Strong Guarantee | Lease is Backed by Dollar General Corporation
- Absolute Triple Net Lease | Tenant Pays 100 Percent Taxes, Insurance and Common Area Maintenance Expenses | Three, Five-Year Options with 10 Percent Rental Increases
- High Visibility Along Sissonville Drive | Major Detour Road into Downtown Charleston
- Four Miles from Downtown Charleston, State Capital of West Virginia and Most Populous City in the State
- Strong Demographics: Population Exceeds 95,000 Within Seven Miles of the Property | Seven Miles from West Virginia Yeager International Airport
- Recognized by Forbes Magazine Among it's Top 25 Corporate Responders to COVID-19 | Investment Grade Credit Tenant | S&P Rating: BBB
- Dollar General is Ranked #106 on the Fortune 500 List as of 2023 | Dollar General has Over 18,500 Stores with Plans to Add Over 1,000 Locations by 2025
Broker of Record
-
Sean Beuche
Vice President/Regional Manager
Financing By
Discount
Absolute Net Dollar General | Highest Population State Capital Location | Three, 5-Year Options
Listing Price: $1,609,103
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
8.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$12.82
Investment Highlights
- Build-to-Suit Dollar General with Over Eight Years Remaining | Strong Guarantee | Lease is Backed by Dollar General Corporation
- Absolute Triple Net Lease | Tenant Pays 100 Percent Taxes, Insurance and Common Area Maintenance Expenses | Three, Five-Year Options with 10 Percent Rental Increases
- High Visibility Along Sissonville Drive | Major Detour Road into Downtown Charleston
- Four Miles from Downtown Charleston, State Capital of West Virginia and Most Populous City in the State
- Strong Demographics: Population Exceeds 95,000 Within Seven Miles of the Property | Seven Miles from West Virginia Yeager International Airport
- Recognized by Forbes Magazine Among it's Top 25 Corporate Responders to COVID-19 | Investment Grade Credit Tenant | S&P Rating: BBB
- Dollar General is Ranked #106 on the Fortune 500 List as of 2023 | Dollar General has Over 18,500 Stores with Plans to Add Over 1,000 Locations by 2025
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar General located in Charleston, West Virginia.
Broker of Record
-
Sean Beuche
Vice President/Regional Manager
Financing By
