100 Fieldview Ave 8 365 pi² Commerce de détail Immeuble Morgantown, WV 26501 2 240 349 $ CAD (267,82 $ CAD/pi²) 7,25% Taux de capitalisation

We are pleased to present this 8,365 SF retrofit Dollar General store located in Morgantown, WV. The property is secured with a 10 year Double Net (NN) Lease leaving minimal landlord responsibilities. The lease contains 5 (5 year) options to renew, each with a 10% rent increase. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is completing construction now with opening & rent start on track for February 2026.
This Dollar General is highly visible as it is strategically positioned on Fieldview Avenue seeing 10,631 cars per day, with 2 points of ingress/egress - available from 2 streets. It sits directly across from Mountainview Elementary School. The 5 mile population from the site is 81,169 and the 1 mile average household income is $89,369 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 7.25% cap rate based on NOI of $118,663.46.