Discount

Brand New Construction Dollar General w/ Strong Demos | WV-OH Border | 58k+ People w/in 5 Miles

4803 Emerson Ave, Parkersburg (WV-OH Border), WV 26104

Listing Price: $2,074,226

Cap Rate
5.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$227.94
Lease Type
Absolute Net
Rent Per Square Feet
$13.11

Investment Overview

Parkersburg is a city in and the county seat of Wood County, West Virginia, located at the confluence of the Ohio and Little Kanawha rivers. The City is the state’s fourth-largest city and the largest city in the Parkersburg-Marietta-Vienna metropolitan area. The Parkersburg–Marietta–Vienna Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of three counties in West Virginia and one in Ohio, anchored by the cities of Parkersburg, West Virginia, Marietta, Ohio, and Vienna, West Virginia.

Investment Highlights

  • Ranked #119 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $25.6 Billion
  • Above Average Demographics for any Dollar General: Features more than 58k People Residing within a 5-Mile Radius.
  • In Close Proximity to Grand Central Mall - An 85+ Store Premier Shopping Center, serving Residents of both West Virginia and Ohio.
  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Feature Easy Access, Excellent Visibility & Positioned Along its City's Main Roads with Daily Traffic Counts Exceeding 14k Vehicles.

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    License(s): WV0019009

    West Virginia

Discount

Brand New Construction Dollar General w/ Strong Demos | WV-OH Border | 58k+ People w/in 5 Miles

Listing Price: $2,074,226

Cap Rate
5.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$227.94
Lease Type
Absolute Net
Rent Per Square Feet
$13.11

Investment Highlights

  • Ranked #119 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $25.6 Billion
  • Above Average Demographics for any Dollar General: Features more than 58k People Residing within a 5-Mile Radius.
  • In Close Proximity to Grand Central Mall - An 85+ Store Premier Shopping Center, serving Residents of both West Virginia and Ohio.
  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Feature Easy Access, Excellent Visibility & Positioned Along its City's Main Roads with Daily Traffic Counts Exceeding 14k Vehicles.

Investment Overview

Parkersburg is a city in and the county seat of Wood County, West Virginia, located at the confluence of the Ohio and Little Kanawha rivers. The City is the state’s fourth-largest city and the largest city in the Parkersburg-Marietta-Vienna metropolitan area. The Parkersburg–Marietta–Vienna Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of three counties in West Virginia and one in Ohio, anchored by the cities of Parkersburg, West Virginia, Marietta, Ohio, and Vienna, West Virginia.

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    License(s): WV0019009

    West Virginia

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