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Dollar General - Madison, WV 421 Main St

15,862 SF Retail Building Madison, WV 25130 $360,000 ($23/SF) 10% Cap Rate

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Investment Highlights

Single Tenant Freestanding Dollar General in Madison, WV
Dollar General Holds an Investment Grade Credit Rating of "BBB" With S&P and a Positive/Stable Outlook
2,700+ People Reside within 1 Mile Radius of Site - 5,400+ People Reside within 3 Mile Radius of Site

37 Minute Drive to Yeager Airport (35.8 Mile Distance)
Essential Retailer - Internet, Pandemic, and Recession Resistant Tenant
Surrounded by Several Local Tenants + National Retailers Including Kroger, Save A Lot, McDonald's, and More

Executive Summary

For Sale

Dollar General - Madison, WV - OM

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Retail

Building Size

15,862 SF

Building Class

Year Built

1950

Price

$360,000

Price Per SF

$23

Cap Rate

10%

NOI

$36,000

Tenancy

Single

Building Height

2 Stories

Building FAR

1.65

Land Acres

0.22 AC

Parking

7 Spaces (0.5 Spaces per 1,000 SF Leased)

Frontage

83 FT on Main St

Retailer
99,999 SF
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At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.