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Brand New Construction Dollar General | West Virginia | Long Term Absolute Net Lease

10422 WV-152, Wayne, WV 25570

Listing Price: $2,198,725

Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.5
Gross SF
9,002
Guarantor
Corporate Guarantee
Rentable SF
9,002
Price/Gross SF
$244.25
Lease Type
Absolute Net
Rent Per Square Feet
$12.82

Investment Overview

Wayne is a town in, and the county seat of, Wayne County, West Virginia, is a part of the Huntington-Ashland, WV-KY-OH, Metropolitan Statistical Area. As of 2015, the MSA had a population of 361,580. 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”, and colloquially as “Kyova” (Kentucky, Ohio, and West Virginia), the region spans seven counties in the three states of West Virginia, Kentucky, and Ohio. The Tri-State area is nestled along the banks of the Ohio River. The region offers a diverse range of outdoor activities.

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. 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. Located across from Walgreens.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Financing By

Discount

Brand New Construction Dollar General | West Virginia | Long Term Absolute Net Lease

Listing Price: $2,198,725

Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.5
Gross SF
9,002
Guarantor
Corporate Guarantee
Rentable SF
9,002
Price/Gross SF
$244.25
Lease Type
Absolute Net
Rent Per Square Feet
$12.82

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. 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. Located across from Walgreens.

Investment Overview

Wayne is a town in, and the county seat of, Wayne County, West Virginia, is a part of the Huntington-Ashland, WV-KY-OH, Metropolitan Statistical Area. As of 2015, the MSA had a population of 361,580. 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”, and colloquially as “Kyova” (Kentucky, Ohio, and West Virginia), the region spans seven counties in the three states of West Virginia, Kentucky, and Ohio. 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

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

Financing By

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