Dollar General St Albans, WV

1977 Pennsylvania Ave
St Albans, WV

Price: $1637000
Cap Rate: 6.75%
NOI: $110,497
Building Size: Approx. 9026 Sq. Ft.
Lot Size: Approx. 1.1 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2015

Investment Overview

  • 2015 Construction | 9,002+/- SF Building on 1.1+/- Acre Site
  • 15-Year Corporate Absolute NNN Lease began September 2015
  • Located along Pennsylvania Ave, & just S of “Hwy 60” (21,000 VPD)
  • Near Kroger, K-Mart, CVS, AutoZone, NAPA, ACE, McDonald’s, KFC, & Taco Bell
  • Attractions: Haddad Riverfront Park | State Capital | Mardi Gras Casino & Resort
  • Near West Virginia State University (3,166 Enrol.) | Marshall University (13,279 Enrol.)
  • Major Employers: Charleston Area Medical Ctr (5,700 Empl.) | Air National Guard (1,000 Empl.)
  • 3-Miles Radius: Est 798 Businesses with Est 8,315 Employees | 3-Mile Average Household Income:  $59,971
  • Albans is located 15-Miles W of Charleston (Capital) | Charleston (MSA): Largest MSA in the state

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