Discount

DOLLAR GENERAL I NO COMPETITION

1207 E State Ave, Terra Alta, WV 26764

Listing Price: $688,069

Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
8.1
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$86.01
Lease Type
Double Net
Rent Per Square Feet
$6.24

Investment Overview

Marcus & Millichap is please to present this double net (NN) Dollar General for sale on E State Avenue in Terra Alta, WV. Dollar General has operated from this location since 2002 and has 8 years remaining.

Investment Highlights

  • Lease is Corporately Guaranteed by Dollar General, the Leader in the Discount Retailer Space, with over 16,300 Locations Nationwide, and has over $30 Billion in Revenue.
  • Over 8 Years Remaining on this Modified NN Lease with Minimal Landlord Responsibilities.
  • Dollar General Has Been Operating at this Location Since 2002 and has Extended the Lease Twice and Exercised an Option Early.
  • Only Discount Retailer in Terra Alta and No Other National Discount Retailer within a 10-Mile Radius.

Exclusively Listed By

  • Michael A. Cardone

    Licensed Real Estate Salesperson

    Email Michael

    License(s): NY: 10401311477

    Manhattan

  • Christopher Pappas

    Licensed Real Estate Salesperson

    (212) 430-5180

    Email Christopher

    License(s): NY: 10401300636

    Manhattan

Broker of Record

  • Francis McGuire

    Broker Of Record

    License(s): WV0019009

    West Virginia

Discount

DOLLAR GENERAL I NO COMPETITION

Listing Price: $688,069

Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
8.1
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$86.01
Lease Type
Double Net
Rent Per Square Feet
$6.24

Investment Highlights

  • Lease is Corporately Guaranteed by Dollar General, the Leader in the Discount Retailer Space, with over 16,300 Locations Nationwide, and has over $30 Billion in Revenue.
  • Over 8 Years Remaining on this Modified NN Lease with Minimal Landlord Responsibilities.
  • Dollar General Has Been Operating at this Location Since 2002 and has Extended the Lease Twice and Exercised an Option Early.
  • Only Discount Retailer in Terra Alta and No Other National Discount Retailer within a 10-Mile Radius.

Investment Overview

Marcus & Millichap is please to present this double net (NN) Dollar General for sale on E State Avenue in Terra Alta, WV. Dollar General has operated from this location since 2002 and has 8 years remaining.

Exclusively Listed By

  • Michael A. Cardone

    Licensed Real Estate Salesperson

    Email Michael

    License(s): NY: 10401311477

    Manhattan

  • Christopher Pappas

    Licensed Real Estate Salesperson

    (212) 430-5180

    Email Christopher

    License(s): NY: 10401300636

    Manhattan

Broker of Record

  • Francis McGuire

    Broker Of Record

    License(s): WV0019009

    West Virginia

MM Texture Background
MM Textured Background Lower