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104 N 4Th Ave Paden City, WV 26159

For Sale
$2,089,920

New Dollar General NNN lease investment property for sale.

Property size:
12,867 SF
Lot size:
0.54 Acres

Property Features for 104 N 4Th Ave

General Information

Size
12,867 SF
Lot size
0.54 Acres

Source: Matthews Real Estate Investment Services - Corporate Agent Brayden Conner

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Dollar General Investment Opportunity

This property, built-to-suit for Dollar General with an estimated delivery date of June 2025, features a new 15-year lease structure. The lease includes 5.00% rental increases every 5 years during the primary term and at the beginning of each of the three 5-year options. As an absolute NNN lease, it offers zero landlord responsibilities, making it suitable for investors seeking passive income. The building, spanning approximately 12,687 square feet, is designed to meet the tenant's current specifications, providing ample space for consumable products. Over 50% of the floor space is allocated to consumable products. The tenant relocated to this location from a smaller building, indicating their success in the market. Dollar General Corporation, a Fortune 500 company with a BBB credit rating (S&P) and a $28 billion market cap, occupies the property. Situated off Andrews Rd on a prominent corner, the property benefits from high visibility and easy access, with approximately 11,200 vehicles passing per day. The location is near State Routes 2, 7, and 180, facilitating convenient access for both customers and suppliers. Within a 10-mile radius, there are over 21,000 residents with an average household income exceeding $64,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

FedEx OnSite Mailing Service Western Union Money Transfer Service Dollar General Grocery Store

Suggested Use

Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Skin Care Clinic Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Paden City
County
Wetzel
State
West Virginia
Longitude
-80.9335365
Latitude
39.6038917

FAQs

What type of property is this?
Grocery and convenience store - New Dollar General NNN lease investment property for sale.
Where is this grocery and convenience store located?
The property is located at 104 N 4Th Ave Paden City, WV.
What is the asking price?
The asking price for this property is $2,089,920.
What are key features of this property?
This property features: - Absolute NNN Lease with zero landlord responsibilities, ideal for passive income investors.; - New 15-year lease with 5.00% rental increases every 5 years.; - 2025 built-to-suit construction for Dollar General (estimated delivery June 2025).
More about this property
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