$1,332,000 USD
216-264-2060
8651 Coal River Rd
Saint Albans, WV 25177
St Albans/Cross Lanes
HIGHLIGHTS
- Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Built Retail Asset with Modern Construction.
- Positioned along Coal River Road (West Virginia Route 817), a Primary Corridor serving the Coal River Valley and connecting Residential Communities.
- Ranked #111 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s & Annual Revenue Exceeding $4B.
- Located approx. Five Miles from Interstate 64, a Primary East West Transportation Corridor connecting Charleston, Huntington, and other.
- St. Albans is part of the Charleston Metropolitan Statistical Area, the Largest Population Center in West Virginia and a Major Economic Hub.
- Positioned between Charleston and Huntington Economic Centers - The Interstate 64 Corridor connects St. Albans to Charleston and Huntington.
OVERVIEW
Dollar General | Absolute Net Lease | Along Coal River Road (WV-817) - Primary Corridor Serving Coal River Valley | Minutes from Interstate 64 | Between Charleston & Huntington Economic Centers | Near Greenbrier Valley Medical Center | Close to University of Charleston and West Virginia State University | Proximity to Kanawha River Valley Recreation | Amazon Resistant Investment Grade Retail Asset
West Virginia Broker of Record: Grant Fitzgerald | 300 Wharton Cir., 2nd FL Triadelphia, WV 26059 | Lic. #: WVB250301068 | P: (216) 264-2060 | 0442060 | Grant.Fitzgerald@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$1,332,000 USD
PRICE/SF
$164 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL | ABSOLUTE NET LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4.56 AC
LAND SF
198,634 SF
ZONING
-
APN/PARCEL ID
16-12-00110000
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216-264-2060
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216-264-2060
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