ABS. NNN Dollar General Market | Rent Bumps

Highlights:

• 15 Year Absolute NNN Lease | Zero Landlord Responsibilities
• 2025 BTS Plus Size Construction | Just Opened!
• Dollar General Market | Produce and Fresh Meats
• 5% PRIMARY TERM RENT INCREASES EVERY 5 YEARS!
• 5 (5 Year) Options | 5% Increases At Each Option
• Two Mile Household Income $62,776
• Five Mile Population 25,414
• 4,695 VPD on Glenwood Park Road
• 20,845 VPD on Highway 460 | Quick & Easy Access
• Investment Grade Dollar Store With "BBB" Credit Rating

Description:

We are pleased to present this new 10,640 SF. Dollar General Market store located in Princeton, West Virginia. 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% rent 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 completed construction & successfully opened for business in March 2025.

This Dollar General Market is highly visible as it is strategically positioned on Glenwood Park Road which sees 4,695 cars per day, just off of Highway 460 which sees 20,845 cars per day. The 5 mile population from the site is 25,414 and the 2 mile average household income is $62,776 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 $139,800.

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