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Family Dollar 204 S Pike St

13,000 SF Retail Building Shinnston, WV 26431 $532,400 ($41/SF) 9% Cap Rate

Retail Space West Virginia Shinnston 204 S Pike St, Shinnston, WV 26431

Investment Highlights

  • Original Build-To-Suit Construction | Long Operating History
  • Low Replaceable Rent
  • Corporate Guarantee (NYSE: DLTR) The subject property is corporately guaranteed by Dollar Tree, Inc.

Executive Summary

Bang Realty is pleased to present the exclusive listing for a Family Dollar located at 204 S Pike St, Shinnston, WV 26431. The site consists of roughly 13,000 rentable square feet of building space on an estimated 1.31-acre parcel of land. This Family Dollar is subject to a 15-year Double Net (NN) lease, which commenced 3/6/2000. The current annual rent is $47,916 + Percentage Rent Equal To Three Percent (3.00%) Of The Gross Sales In Excess Of $1,597,200.00 and has scheduled increases of 10.00% Every 5 Years.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
13,000 SF
Building Class
C
Year Built
2000
Price
$532,400
Price Per SF
$41
Cap Rate
9%
NOI
$47,916
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.31 AC

Amenities

  • Pylon Sign
  • Signage
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PROPERTY TAXES

Parcel Number 06-1003-00020000 Improvements Assessment $212,220
Land Assessment $115,020 Total Assessment $327,240

PROPERTY TAXES

Parcel Number
06-1003-00020000
Land Assessment
$115,020
Improvements Assessment
$212,220
Total Assessment
$327,240
(513) 300-0763

Contact

  • Listing ID: 33087173

  • Date on Market: 9/6/2024

  • Last Updated:

  • Address: 204 S Pike St, Shinnston, WV 26431

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Family Dollar | 204 S Pike St
(513) 300-0763 x

Family Dollar | 204 S Pike St

Brian Brockman

(513) 300-0763

(513) 300-0763

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