Dollar General NNN
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For Sale
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4541 State Route 40, Claysville, PA 15323
The store is leased under an absolute NNN structure, with the tenant responsible for roof and structural obligations.
Property Size9,100 SF
Lot Size0.92 Acres
Price / SF$150.31
Days on Market6
Property Features for 4541 State Route 40
General Information
Standard status
Active
Size
9,100 SF
Lot size
0.92 Acres
Property subtype
Retail
Additional Details
Cap Rate
8%
Highway Access
Yes
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Lee Cordova · License #714883
(214) 692-2191
Source:
Crexi
Added: Sep 22
Changed: Sep 26
Last Checked: Sep 26 at 2:18PM
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 Matthews
Investment Insights
Based on property information with market context.
Dollar General occupies approximately 9,100 square feet on a 0.92-acre property in Claysville, Pennsylvania. Built in 2016, the single-tenant store is subject to an absolute NNN lease that assigns responsibility for the roof and structure to the tenant. The lease also provides three renewal options, each with a 10% increase.
The property fronts State Route 40 and has access to Interstate 70, which carries approximately 56,350 vehicles per day. Claysville Elementary School is nearby, and the site is within the McGuffey School District. The property is approximately 38 miles southwest of Pittsburgh and 20 miles from Wheeling, West Virginia. The reported cap rate is 8.00%.
The property fronts State Route 40 and has access to Interstate 70, which carries approximately 56,350 vehicles per day. Claysville Elementary School is nearby, and the site is within the McGuffey School District. The property is approximately 38 miles southwest of Pittsburgh and 20 miles from Wheeling, West Virginia. The reported cap rate is 8.00%.
Key Highlights
- Approximately 9,100 square feet on 0.92 acres
- Built in 2016 and occupied by a single tenant
- Absolute NNN lease assigns roof and structural responsibilities to the tenant
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$91,728
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,834,560
$1.8M
Cap Rate 7%
$1,310,400
$1.3M
Cap Rate 9%
$1,019,200
$1.0M
Market Conditions
NOI Build-Up for 9,100 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$136.5K $15.00/SF
− Vacancy
−$5.5K −$0.60/SF
EGI
$131.0K $14.40/SF
− OpEx
−$39.3K −$4.32/SF
NOI
$91.7K $10.08/SF
Area
Washington County, PA
Vacancy
4.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,834,560
Cap Rate 7%
$1,310,400
Cap Rate 9%
$1,019,200
Alternative Uses
Best Use
Specialty Retail
$2.80M
$2.45M – $3.27M
NOI $196,281 @ 7.0% cap · market cap 14.35%
Second Best
Retail
$1.31M
$1.15M – $1.53M
NOI $91,728 @ 7.0% cap · market cap 6.71%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,254 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
743 visits/mo
0.5 miles
Demographics for 15323, PA
4,217
Population
1,816
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
93%
High-School Grad
71.7 sq mi
ZIP Area
59
Density / Sq Mi
$77,045
Median Household Income
$40,804
Median Earnings
$734
Median Rent
$197,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - The store is leased under an absolute NNN structure, with the tenant responsible for roof and structural obligations.
Where is this nnn property located?
The property is located at 4541 State Route 40 Claysville, PA.
What is the asking price?
The asking price for this property is $1,367,850.
What are key features of this property?
This property features: Approximately 9,100 square feet on 0.92 acres; Built in 2016 and occupied by a single tenant; Absolute NNN lease assigns roof and structural responsibilities to the tenant
