Building Details

Year Built 1969

Year Renovated 2019

Buildings 1

Units 1

Tenancy Single

Listing Agency: Bang Realty b***@bangrealty.com Show Phone

Listed By: Brian Brockman · License #471020548

Source: Crexi

Added: Mar 13 Changed: Aug 18 Last Checked: Aug 18 at 7:16PM

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Investment Insights

Based on property information with market context.

The property is a freestanding Dollar General investment property located at 12604 MacCorkle Avenue SE in Chesapeake, West Virginia. Dollar General has been at this location since 2019 and has over 3 years remaining on their lease with three 5-year renewal options. The lease includes 10% rent increases at the start of each renewal option. The property is located along MacCorkle Avenue SE (WV Route 61), the area’s primary commercial and commuter corridor, and has frontage and visibility with a large pylon sign. Positioned in the heart of Chesapeake, Dollar General benefits from a lack of competition as it is one of the only national retailers serving the town. The property is surrounded by area businesses, schools, and residential neighborhoods, and provides convenient access to Interstate 64, US Route 60, and WV Route 94. Chesapeake is located along the banks of the Kanawha River approximately 15 miles southeast of Charleston, the state capital and economic center of central West Virginia. The property has a size of 11692 square feet.

Key Highlights

• Freestanding Dollar General with 3+ years remaining on the lease.
• Located on the primary commercial corridor (MacCorkle Avenue SE) with high visibility.
• Attractive 10% rent increases at the start of each 5‑year renewal option.

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Electrical Service Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic Discount Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 25315, WV

3,016

Population

1,622

Households

1.9

Avg Household Size

46

Median Age

16%

College-Educated

86%

High-School Grad

20.2 sq mi

ZIP Area

149

Density / Sq Mi

$50,110

Median Household Income

$34,063

Median Earnings

$879

Median Rent

$83,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Freestanding Dollar General in Chesapeake, WV with renewal options.

Where is this grocery and convenience store located?

The property is located at 12604 MacCorkle Ave SE Chesapeake, WV.

What is the asking price?

The asking price for this property is $944,445.

What are key features of this property?

This property features: Freestanding Dollar General with 3+ years remaining on the lease.; Located on the primary commercial corridor (MacCorkle Avenue SE) with high visibility.; Attractive 10% rent increases at the start of each 5‑year renewal option.