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259 N Main St
Webster Springs, WV 26288

$1,155,000 USD

Freestanding For Sale  •  7,500 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 SF
  • Lot Size 0.77 AC
  • Building Class C
  • Year Built 2017
  • Cap Rate 8.11 %
  • Tenancy Single
30 Walk Score

Highlights

Absolute Triple-Net (NNN) Lease Structure, With Zero Landlord Responsibilities, Providing Passive And Predictable Cash Flow
Established Lease Commenced In 2017 With Approximately 6.5 Years Remaining, Providing Stable Near-Term Income Security
Scheduled 10% Rental Increases During Option Periods, Offering Built-In Income Growth And Inflation Protection
Five (5) Five-Year Renewal Options, Allowing For Up To 25 Additional Years Of Occupancy And Extended Income Potential
Corporate Lease Backed By Dollar General Corporation, Enhancing Credit Strength And Long-Term Investment Security
Leading National Discount Retailer — Dollar General Is One Of The Largest Small-Box Retail Chains In The United States, With A Broad And Continually E

Property Flyers

Cap Rate: 8.11 %
Grant Fitzgerald 202-536-3732 Marcus & Millichap
Grant Fitzgerald 202-536-3732 Marcus & Millichap