ABS. NNN Dollar General Market | Rent Bumps

Highlights:

• 15 Year Absolute NNN Lease | Zero Landlord Responsibilities
• 2025 BTS Plus Size Construction | Now Open
• 5% PRIMARY TERM RENT INCREASES EVERY 5 YEARS!
• 5 (5 Year) Options | 5% Increases At Each Option
• Three Mile Household Income $71,998
• Ten Mile Population 9,041
• 9,336 VPD on Northwest Turnpike (Highway 50)
• Corner Site | Off of a Main Thoroughfare
• 2.5 Miles to Pennsboro Speedway Race Track
• Investment Grade Dollar Store With "BBB" Credit Rating

Description:

We are pleased to present this new 10,640 SF. Dollar General Plus store located in Pennsboro, West Virginia. 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 and successfully opened for business in June 2025.

This Dollar General Plus is highly visible as it is strategically positioned on Richie Center Drive & Northwest Turnpike (Highway 50) which sees 9,336 cars per day. It sits on a main thoroughfare connecting cities. It sits only 2.5 miles from the historic & active Pennsboro Speedway Race Track. The 10 mile population from the site is 9,041 and the 3 mile average household income is $71,998 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 $135,804.

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