2470 Oglebay dr - Retail FOR SALE


Wheeling, WV 26003
$2,460,369 USD
513-300-0763
2470 Oglebay dr, Wheeling, WV for Sale
$2,460,369 USD
Retail - FOR SALE
1/4

2470 Oglebay dr
Wheeling, WV 26003


HIGHLIGHTS

  • Brand New 15 Year Absolute NNN Lease | Zero Landlord Responsibilities 2026 BTS Plus Size Construction
  • Dollar General Market | Produce and Fresh Meats 1.5 Miles from Oglebay Resort | Popular 2,000 AC Park with Gold Courses, Spas, Dining, Zoo
  • 5% Rental Rate Increases Every 5 Years! 5 (5 Year) Options | 5% Increases At Each Option
  • 1 Mile Household Income $131,441 5 Mile Population 32,531
  • 5,762 Cars Per Day on Oglebay Drive Investment Grade Dollar Store With "BBB" Credit Rating
  • Dollar General Corporate Guaranty Wheeling WV is the 5th Most Populous City in WV

OVERVIEW

We are pleased to present this 2026 BTS 10,640 SF. Dollar General Market store located in Wheeling, West Virginia - the 5th-most populous city in WV and the most populous city in the northern panhandle. Dollar General Market stores sell produce and fresh meats and are a necessary addition to the areas they serve. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate 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 completing construction now with opening & rent start on track for February 2026. This Dollar General Market is highly visible as it is strategically positioned on Oglebay Drive seeing 5,762 cars per day. It's just a 5 minute drive from popular Oglebay Resort - a 2,000 Acre Park including golf courses, a zoo, dining, spas & more. The 5 mile population from the site is 32,531 and the 1 mile average household income is $131,441 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 6.50% cap rate based on NOI of $159,924.

FOR SALE DETAILS

PRICE

$2,460,369 USD

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DG Market - Wheeling WV

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,612 SF

ZONING

Commercial

APN/PARCEL ID

04-R14-00300000

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.