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

248 5th St, Burnsville, WV 26335

Listing Price: $2,089,290

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$229.59
Lease Type
Absolute Net
Rent Per Square Feet
$12.28

Investment Overview

Burnsville is a town in Braxton County, West Virginia, at the confluence of the Little Kanawha River and Saltlick Creek. Braxton County is a county in the central part of West Virginia and was formed in 1836 from parts of Lewis, Kanawha, and Nicholas counties and named for Carter Braxton, a Virginia statesman and signer of the Declaration of Independence.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Ranked #112 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $33.74 Billion.
  • Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads with Immediate Access to/from Interstate-79, with Daily Traffic Counts Exceeding 15k Vehicles.

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Discount

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

Listing Price: $2,089,290

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$229.59
Lease Type
Absolute Net
Rent Per Square Feet
$12.28

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Ranked #112 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $33.74 Billion.
  • Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads with Immediate Access to/from Interstate-79, with Daily Traffic Counts Exceeding 15k Vehicles.

Investment Overview

Burnsville is a town in Braxton County, West Virginia, at the confluence of the Little Kanawha River and Saltlick Creek. Braxton County is a county in the central part of West Virginia and was formed in 1836 from parts of Lewis, Kanawha, and Nicholas counties and named for Carter Braxton, a Virginia statesman and signer of the Declaration of Independence.

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

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