10 Yr NN Dollar General | Opening Soon

Highlights:

• Brand New 10 Year Double Net (NN) Lease
• Minimal Landlord Responsibilities | Roof, Structure, Parking
• 2026 Retrofit Construction on 2017 Brand New Building
• Concrete Parking Lot | NOW OPEN
• 2 Points of Ingress/Egress | Accessible from 2 Streets
• 5 (5 Year) Options | 10% Increases At Each Option
• 1 Mile Household Income $89,369
• 5 Mile Population 81,169 | Steady Growth in Population
• 10,631 Cars Per Day on Fieldview Avenue
• Investment Grade Dollar Store With "BBB" Credit Rating
• Dollar General Corporate Guaranty
• Across from Mountainview Elementary School

Description:

We are pleased to present this 8,365 SF retrofit Dollar General store located in Morgantown, WV. The property is secured with a 10 year Double Net (NN) Lease leaving minimal landlord responsibilities. The lease contains 5 (5 year) options to renew, each with a 10% rent increase. 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 is highly visible as it is strategically positioned on Fieldview Avenue seeing 10,631 cars per day, with 2 points of ingress/egress - available from 2 streets. It sits directly across from Mountainview Elementary School. The 5 mile population from the site is 81,169 and the 1 mile average household income is $89,369 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 7.50% cap rate based on NOI of $118,663.46.

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