3878 Apple Harvest Dr - Freestanding FOR SALE


Gerrardstown, WV 25420
$2,333,872 USD
513-300-0763
3878 Apple Harvest Dr, Gerrardstown, WV for Sale
$2,333,872 USD
Freestanding - FOR SALE
1/1
null | 7.05% Cap Rate

3878 Apple Harvest Dr
Gerrardstown, WV 25420


HIGHLIGHTS

  • 15-Year Absolute NNN Lease - Zero Landlord Responsibilities. (3) 5- Year Options to Renew with 10% Rental Increases in the Option Periods
  • Strategically Positioned for Growth: With 25,000 residents within 7 miles and population expected to grow 2–2.5% in the next five years.
  • the area offers a strong, stable customer base. Combined with limited nearby grocery options, makes it an essential retail destination.
  • With only one other grocery option within a 5-mile radius, the Dollar General Market serves nearly 25,000 residents by providing convenient access.
  • Investment Grade Tenant - Dollar General’s corporate guarantee and ongoing expansion into rural areas underscore its commitment to smaller markets.
  • Dollar General, a Fortune 500 Company and One of the Largest Discount Retailers in the U.S., operates over 20,400 stores across 47 states.

OVERVIEW

Dollar General Market 3878 Apple Harvest Dr, Glengary, WV 25420 Secure your investment with the Dollar General Market in Glengary, WV. This property offers a solid 7.05% CAP rate with a complete NNN lease, ensuring zero landlord responsibilities. The newly constructed building sits on a spacious 2-acre parcel, strategically positioned for growth in a thriving trade area with over 25,000 residents within a 7-mile radius. With only one competing grocery store within 5 miles, Dollar General Market is a crucial retail destination for everyday necessities in the region. Situated just 2 miles from Virginia, 23 miles from Maryland, and a short drive to Washington, D.C., and Baltimore, this prime retail location benefits from strong market fundamentals and regional growth projections. Don't miss the opportunity to invest in this essential retail hub with a reliable tenant and long-term stability.

FOR SALE DETAILS

PRICE

$2,333,872 USD

PRICE/SF

$184 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market - Glengary WV

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

03-30-00120010

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.