237 Cass Rd - Freestanding FOR SALE


Slatyfork, WV 26291
$1,718,871 USD
513-300-0763
237 Cass Rd, Slatyfork, WV for Sale
$1,718,871 USD
Freestanding - FOR SALE
1/8
null | 7% Cap Rate

237 Cass Rd
Slatyfork, WV 26291


HIGHLIGHTS

  • Initial Lease Term 15 Years
  • Projected Rent Commencement February 2023
  • Projected Lease Expiration February 2038
  • Lease Type Absolute NNN
  • Rent Increases Flat
  • Annual Rent YRS 1-15 $120,321

OVERVIEW

- Brand New 2023 Construction - Large Format Store, 10,640 Square Feet, on a 1.97 Acre Lot - Corporate Guarantee - 15 Year Absolute NNN Lease with 3(5) Year Options and 10% Rental Increases Every 5 Years - Subject Property is Located Along Seneca Trail / U.S. Highway 219, a major north-south route connecting New York to Virginia. - This Site is 2 Miles from Snowshoe Mountain Resort - Home to 40 trails and 1,500 feet of descending, Snowshoe Bike Park is world renowned for biking and off-roading. They also offer access to Shaver Lake for paddleboarding and canoeing. In the Winter, you can take advantage of their three unique mountain areas, 60+ trails and glades, four terrain parks, night skiing, and activities like snowmobiling, tubing, swimming, and backcountry adventuring. - Snowshoe is an Unincorporated Community in Pocahontas County, West Virginia, centered around the Snowshoe Mountain ski resort. About 480,000 skiers visit the area each year, primarily from West Virginia and the larger cities of the Mid-Atlantic and Southeast. Dollar General has an S&P BBB Rating and is Ranked on the Fortune 500 List. Dollar General has shown exceptional growth, with $38.7 billion in sales in fiscal year 2023. - E-Commerce Resistant Retailer Experiencing Explosive Growth - One month after opening its 20,000th store, Dollar General said that it plans to open 800 more new stores, remodel 1,500 locations and relocate 85 stores this year — 2,385 real estate projects overall. This year's store openings will include 30 Popshelf-format locations and up to 15 stores in Mexico.

FOR SALE DETAILS

PRICE

$1,718,871 USD

PRICE/SF

$716 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,813 SF

ZONING

Commercial

APN/PARCEL ID

3803900030002

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.