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

215 Roosevelt Blvd, Eleanor, WV 25070

Listing Price: $2,017,589

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
$221.71
Lease Type
Absolute Net
Rent Per Square Feet
$11.86

Investment Overview

Eleanor is a town in Putnam County, West Virginia, along the Kanawha River. The City is part of the Huntington-Ashland, WV-KY-OH, Metropolitan Statistical Area (MSA). The Huntington–Ashland metropolitan area is a metropolitan area in the Appalachian Plateau region of the United States. Referred to locally as the “Tri-State area”, the region spans seven counties in the three states of West Virginia, Kentucky, and Ohio. With a population of 361,580, the Tri-State area is nestled along the banks of the Ohio River. The region offers a diverse range of outdoor activities.

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 the City's Main Road with Daily Traffic Counts Exceeding 8k Vehicles.
  • Directly Across from Putnam County Career and Technical Center, George Washington Middle & Elementary School, Eleanor Branch Library and Eleanor Fire Department. Walking Distance from NOSC Eleanor Military Base.

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: $2,017,589

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
$221.71
Lease Type
Absolute Net
Rent Per Square Feet
$11.86

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 the City's Main Road with Daily Traffic Counts Exceeding 8k Vehicles.
  • Directly Across from Putnam County Career and Technical Center, George Washington Middle & Elementary School, Eleanor Branch Library and Eleanor Fire Department. Walking Distance from NOSC Eleanor Military Base.

Investment Overview

Eleanor is a town in Putnam County, West Virginia, along the Kanawha River. The City is part of the Huntington-Ashland, WV-KY-OH, Metropolitan Statistical Area (MSA). The Huntington–Ashland metropolitan area is a metropolitan area in the Appalachian Plateau region of the United States. Referred to locally as the “Tri-State area”, the region spans seven counties in the three states of West Virginia, Kentucky, and Ohio. With a population of 361,580, the Tri-State area is nestled along the banks of the Ohio River. The region offers a diverse range of outdoor activities.

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

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