1838 Lester Hwy hwy - Retail FOR SALE


Lester, WV 25865
$1,927,007 USD
513-300-0763
1838 Lester Hwy hwy, Lester, WV for Sale
$1,927,007 USD
Retail - FOR SALE
1/4
null | 6.85% Cap Rate

1838 Lester Hwy hwy
Lester, WV 25865


HIGHLIGHTS

  • 15 Year Absolute NNN Lease | Zero Landlord Responsibilities 2024 BTS Construction | Plus Size Footprint
  • 5% RENT INCREASES EVERY 5 YEARS! Only 9 Miles to Beckley, WV
  • On Main Thoroughfare | 2,964 Cars Per Day 4 (5 Year) Options | 5% Increases At Each Option
  • Three Mile Household Income $42,540 Ten Mile Population 51,481
  • Investment Grade Dollar Store | BBB Credit Rating Dollar General Corporate Guaranty
  • DG Reported 32 Consecutive Years of Same Store Sales Growth The Only Dollar Store Serving the Community!

OVERVIEW

Introducing an exceptional investment opportunity at DOLLAR GENERAL PLUS located at 1838 LESTER HIGHWAY, LESTER, WV 25865. This property boasts a secure 15-year absolute NNN lease with 5% rent increases, offering a reliable income stream. The site is set to house a brand new Dollar General store in 2024, ensuring a high-traffic location with limited competition in the area. With an actual store on the premises, investors gain the advantage of a turnkey operation with a nationally recognized tenant. Don't miss out on this prime commercial property opportunity. Contact us today to learn more about this property and how it can be a valuable addition to your investment portfolio. Conduct your due diligence and grasp the potential of this Dollar General Plus location in the thriving Lester, WV area.

FOR SALE DETAILS

PRICE

$1,927,007 USD

PRICE/SF

$181 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Lester WV

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.