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

5620 Wallace Pike, Wallace, WV 26448

Listing Price: $2,195,410

Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$241.25
Lease Type
Absolute Net
Rent Per Square Feet
$12.67

Investment Overview

Wallace is an unincorporated community and census-designated place in Harrison County, West Virginia. Wallace is located on West Virginia Route 20, approximately 8 miles northwest of Lumberport. It is situated on Little Ten Mile Creek, a tributary of Tenmile Creek, and has a post office with ZIP code 26448.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 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. Next Nearest Dollar General is more than 11 Miles away.

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 | 15 Year Absolute Net Lease

Listing Price: $2,195,410

Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$241.25
Lease Type
Absolute Net
Rent Per Square Feet
$12.67

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 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. Next Nearest Dollar General is more than 11 Miles away.

Investment Overview

Wallace is an unincorporated community and census-designated place in Harrison County, West Virginia. Wallace is located on West Virginia Route 20, approximately 8 miles northwest of Lumberport. It is situated on Little Ten Mile Creek, a tributary of Tenmile Creek, and has a post office with ZIP code 26448.

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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