8490 State Rout 10 - Freestanding FOR SALE


Branchland, WV 25506
$611,516 USD
404-635-8859
8490 State Rout 10, Branchland, WV for Sale
$611,516 USD
Freestanding - FOR SALE
1/2
null | 12% Cap Rate

8490 State Rout 10
Branchland, WV 25506


HIGHLIGHTS

  • Net Lease - Limited Landlord Responsibilities
  • Best-in-Class Tenant with Investment Grade Parent - Dollar Tree, Inc. - BBB/Stable S&P Credit Rating
  • Excellent Access & Visibility Along Primary Thruway - State Highway 10 - 6,900+ VPD
  • Strong Synergy with Neighboring USPS Office - The Next Closest USPS Office is Nearly 4 Miles South
  • High Residual Value with Below Market Rent PSF - $7.25 Rent PSF
  • Huntington-Ashland MSA Acquisition Opportunity - 20 Miles South of Huntington - 2nd Largest City in West Virginia

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Family Dollar asset located in Branchland, WV (the “Property”). The Property consists of a 10,119-square-foot freestanding retail building on 1.48-acres of land. Family Dollar operates under a net lease with limited landlord responsibilities, providing potential investors with a passive income investment asset. The lease is corporately guaranteed by Family Dollar Stores, Inc. See the lease abstract for full details.

FOR SALE DETAILS

PRICE

$611,516 USD

PRICE/SF

$60 USD /SF

CAP RATE

12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

C

APN/PARCEL ID

07 1500330000

ASK ABOUT THIS PROPERTY

Jason PowellNorthmarqMore Info
404-635-8859

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Jason PowellNorthmarqMore Info
404-635-8859

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