Dollar General NNN Property For Sale — Glen Dale, WV
20 Wheeling Avenue, Glen Dale, WV 26038
This newly constructed 10,640 SF Dollar General Plus store in Glen Dale, West Virginia, offers an attractive investment opportunity with a 15-year Absolute NNN Lease, ensuring no landlord responsibilities. The lease features 5% rent increases every 5 years, extending through the initial term and each of the five 5-year renewal options. The lease is corporately guaranteed by Dollar General Corporation, an investment-grade tenant with a “BBB” credit rating. The store is projected to open in July 2025. Strategically located on Wheeling Avenue (Highway 250), with a daily traffic count of 17,466 vehicles, this Dollar General Plus benefits from high visibility and serves as the sole dollar store in Glen Dale. The surrounding area boasts a 5-mile population of 28,847 and a 1-mile average househo…
- Address: 20 Wheeling Avenue, Glen Dale, WV 26038
- Asking price $2.27M
- 6.70% cap rate
- NOI $152,012
- 15 years remaining
- NNN lease
- Year built: 2025
- Building size: 10,640 SF
- Lot size: 1.57 acres
- Rent increases: 5% rent increases every 5 years including at each of the 5 (5 year) options to renew!
- Guarantor: Corporate
Location
This Dollar General property is at 20 Wheeling Avenue in Glen Dale, West Virginia.
Asset type: Retail