Details
Dollar General in Wayne, WV
90 McGinnis Dr, Wayne, WV
hIGHLIGHTS
Size:9,100 SF
Price:$860,116.00
CAP RATE:7.75%
NOI:$66,659.00
PROPERTY
OVERVIEw
DETAILS
• New construction in 2004
• Early extended the lease term
• Lease expiration date 2/28/2027
• Two 5-year options
• Credit rated tenant
InCommercial Property Group is pleased to exclusively market for sale a Dollar General property located in Wayne, West Virginia. The 9,100 SF subject property is being offered for $860,116 at a 7.75% cap rate. Dollar General’s current lease runs through Feb. 28, 2027, followed by two 5-year option periods. The build-to-suit property was constructed in 2004 and sits in the area’s primary shopping area. Dollar General is a credit tenant and is publicly traded on the New York Stock Exchange (Symbol: DG) with a market capitalization in excess of $39 billion. Dollar General operates more than 15,000 stores located in 45 states.