Details

NN Dollar General in Danese, WV

17532 Stanaford Rd, Danese, WV

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hIGHLIGHTS

Size:9,014 SF

Price:$1,223,172.00

CAP RATE:7.25%

NOI:$88,680.00

PROPERTY
OVERVIEw

DETAILS

• Building constructed in 2009
• Lease commencement date: 11/2009
• Lease expiration date: 11/30/2024
• Renewal options: 2 additional 4 year extensions with escalations in each
• Corporate guarantee
• Landlord Responsibilities: structure (excluding HVAC), parking lot

InCommercial Property Group is pleased to exclusively market for sale a Dollar General property, located in Danese, West Virginia at the intersection of Stanaford Rd and Meadow Bridge Rd. The 9,014 SF subject site is being offered for $1,223,172 at an 7.25% cap rate. The property has a NN lease structure. Dollar General’s current lease runs through Nov. 2024. The site has access from both Stanaford and Meadow Bridge Roads. The property offers great visibility, and plenty of surface parking. 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.

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