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Brand New Dollar General Market | Rent Bumps!

$2,369,244

2470 Oglebay Drive, Wheeling, WV 26003

Active
Last Updated: 06/09/2026

6.75

Cap Rate

159,924

NOI

Details:
Cap Rate:    6.75%
NOI:    $159,924
Building Size:    10,640 sqft
Lot Area:    2.7 acres
Lease Type:    Absolute Net
Year Built:    2026
Price Per Sqft:    $222.67
Parking Spots:    35
Lease Expire Year:    2/28/2041
Highlights:
  • Brand New 15 Year Absolute NNN Lease | Zero Landlord Responsibilities
  • 2026 BTS Plus Size Construction | NOW OPEN
  • Dollar General Market | Produce and Fresh Meats
  • 1.5 Miles from Oglebay Resort | Popular 2,000 AC Park with Gold Courses, Spas, Dining, Zoo
  • 5% Rental Rate Increases Every 5 Years!
  • 5 (5 Year) Options | 5% Increases At Each Option
  • 1 Mile Household Income $131,441
  • 5 Mile Population 32,531
  • 5,762 Cars Per Day on Oglebay Drive
  • Investment Grade Dollar Store With "BBB" Credit Rating
  • Dollar General Corporate Guaranty
  • Wheeling WV is the 5th Most Populous City in WV
Description:

We are pleased to present this 2026 BTS 10,640 SF. Dollar General Market store located in Wheeling, West Virginia - the 5th-most populous city in WV and the most populous city in the northern panhandle. Dollar General Market stores sell produce and fresh meats and are a necessary addition to the areas they serve. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction and successfully opened for business in February 2026.

This Dollar General Market is highly visible as it is strategically positioned on Oglebay Drive seeing 5,762 cars per day. It's just a 5 minute drive from popular Oglebay Resort - a 2,000 Acre Park including golf courses, a zoo, dining, spas & more. The 5 mile population from the site is 32,531 and the 1 mile average household income is $131,441 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.75% cap rate based on NOI of $159,924.

Map:
Documents:
Title
Dollar_General_Market_-_WV_-_Wheeling__Bang_.pdf
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Location
Gallery