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

Mt View Rd & Bennington Rd, Cool Ridge, WV 25825

Listing Price: $1,610,370

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.00
Gross SF
9,002
Guarantor
Corporate Guarantee
Rentable SF
9,002
Price/Gross SF
$178.89
Lease Type
Absolute Net
Rent Per Square Feet
$12.08

Investment Overview

Cool Ridge is an unincorporated community in Raleigh County, West Virginia. Cool Ridge is located on U.S. Route-19 3.5 miles south of Shady Spring. Raleigh County is included in the Beckley, West Virginia Metropolitan Statistical Area.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2020 Construction.
  • Feature Easy Access, Excellent Visibility & Positioned Along its City's Main Roads.
  • 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

Exclusively Listed By

Discount

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

Listing Price: $1,610,370

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.00
Gross SF
9,002
Guarantor
Corporate Guarantee
Rentable SF
9,002
Price/Gross SF
$178.89
Lease Type
Absolute Net
Rent Per Square Feet
$12.08

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2020 Construction.
  • Feature Easy Access, Excellent Visibility & Positioned Along its City's Main Roads.
  • 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

Investment Overview

Cool Ridge is an unincorporated community in Raleigh County, West Virginia. Cool Ridge is located on U.S. Route-19 3.5 miles south of Shady Spring. Raleigh County is included in the Beckley, West Virginia Metropolitan Statistical Area.

Exclusively Listed By

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