Dollar General NNN
For Sale
Contact for pricing
4030 Brounland Road, Charleston, WV 25309
Three Dollar General stores with 15-year absolute NNN leases and corporate guaranty, plus renewal options with scheduled rent increases.
Property SizeContact for details
Days on Market121
Property Features for 4030 Brounland Road
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
5.8%
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #BR691523000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 4:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty
Investment Insights
Based on property information with market context.
This portfolio includes three Dollar General retail locations, each developed as a new construction “build-to-suit” property and secured by a 15-year absolute NNN lease structure. Smithville began rent in 2021, while Mt. Storm and South Charleston commenced in 2022. Per the lease terms, the landlord has zero responsibilities under the absolute NNN structure.
Each site is also supported by a corporate guaranty from Dollar General Corporation. The leases include four (4) renewal options, with each five (5)-year option period carrying a 10% rental rate increase. Dollar General Corporation is described as investment grade, with an S&P credit rating of “BBB.”
The portfolio is presented for sale as a consolidated Dollar General investment, with rental payments governed by the stated long-term lease obligations.
Each site is also supported by a corporate guaranty from Dollar General Corporation. The leases include four (4) renewal options, with each five (5)-year option period carrying a 10% rental rate increase. Dollar General Corporation is described as investment grade, with an S&P credit rating of “BBB.”
The portfolio is presented for sale as a consolidated Dollar General investment, with rental payments governed by the stated long-term lease obligations.
Key Highlights
- 3 Dollar General stores (Smithville, Mt. Storm, South Charleston) in a single portfolio
- 15‑year absolute NNN leases with no landlord responsibilities, plus corporate guaranty by Dollar General Corporation
- Rent commenced in 2021 for Smithville and in 2022 for Mt. Storm and South Charleston
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 25309, WV
13,146
Population
5,867
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
92%
High-School Grad
31.1 sq mi
ZIP Area
423
Density / Sq Mi
$52,920
Median Household Income
$40,732
Median Earnings
$767
Median Rent
$142,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Three Dollar General stores with 15-year absolute NNN leases and corporate guaranty, plus renewal options with scheduled rent increases.
Where is this grocery and convenience store located?
The property is located at 4030 Brounland Road Charleston, WV.
What are key features of this property?
This property features: 3 Dollar General stores (Smithville, Mt. Storm, South Charleston) in a single portfolio; 15‑year absolute NNN leases with no landlord responsibilities, plus corporate guaranty by Dollar General Corporation; Rent commenced in 2021 for Smithville and in 2022 for Mt. Storm and South Charleston
