Details

Dollar General in Iaeger, WV

5331 Coal Heritage Rd, Iaeger, WV

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hIGHLIGHTS

Size:9,100 SF

Price:$790,849.00

CAP RATE:7.65%

NOI:$60,500.00

PROPERTY
OVERVIEw

DETAILS

• Frontage on US Route 52, the primary shopping area that services the Iaeger area
• Built-to-suit constructed in 2003
• Lease expiration date 8/31/2028
• Three 5-year options
• Credit rated tenant

InCommercial Property Group is pleased to exclusively market for sale a Dollar General property located in Iaeger, West Virginia. The 9,100 SF subject property is being offered at $790,849.67 at an 7.65% cap rate. Dollar General’s current lease runs through August 31, 2028, followed by three 5-year option periods. The propety sits along Route 52, the area’s main thoroughfare and 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.

Location

Contact

Sam Derse

Executive Vice President, Brokerage

(773) 263-2531

Sam@in-commercial.com