1320 Fayette Pike - Freestanding FOR SALE
Montgomery, WV 25136 |
$789,000 USD
615-206-7703
1320 Fayette Pike
Montgomery, WV 25136
HIGHLIGHTS
- Lowest-Priced Dollar General MARKET Nationwide: This location stands out as the most affordable Dollar General investment in the country.
- Top-Performing Store: Ranked in the 90th percentile among all Dollar General locations nationwide and in West Virginia, based on Placer AI data.
- Beer & Wine Sales Boost Revenue: One of the few Dollar General stores authorized to sell alcohol, creating an additional revenue stream
- National Insurance Program Inclusion: Dollar General has placed this store in its national insurance program
- Built-in Rent Growth: A 16% rent increase is set for 2032, secured during an early lease extension negotiation, ensuring strong future returns.
- Recently Remodeled Store: The store was upgraded in early 2024, enhancing the shopping experience and driving increased customer engagement.
FOR SALE DETAILS
PRICE
$789,000 USD
PRICE/SF
$57 USD /SF
CAP RATE
7.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL MARKET
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
0.79 AC
LAND SF
34,412 SF
ZONING
commercial
APN/PARCEL ID
20-07- 2-0040.0000
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615-206-7703
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615-206-7703
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