Dollar General - Glen Dale WV 20 Wheeling Ave 10 640 pi² Commerce de détail Immeuble Glen Dale, WV 26038 3 078 810 $ CAD (289,36 $ CAD/pi²) 6,70% Taux de capitalisation

We are pleased to present this new 10,640 SF. Dollar General Plus store located in Glen Dale, West Virginia. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rent increases every 5 years including at each of the 5 (5 year) options to renew! 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 currently completing construction with rent commencement & store opening in July 2025.
This Dollar General Plus is highly visible as it is strategically positioned on Wheeling Avenue (Highway 250) which sees 17,466 cars per day. It sits on a main thoroughfare connecting cities and is adjacent to a Circle K Gas Station. It is the only dollar store serving Glen Dale! The 5 mile population from the site is 28,847 and the 1 mile average household income is $86,218 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 6.70% cap rate based on NOI of $152,012.04.