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    OFF-MARKET
    Retail properties & Spaces

    36344 Coal River Rd, Whitesville, WV 25209

    9,014 SF Built 2004
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a freestanding, 9,014 square foot Dollar General store located at 36344 Coal River Rd, Whitesville, WV 25209. The property boasts a strong 8.51% cap rate and a substantial net operating income (NOI) of $51,000. The single-tenant, net-leased property benefits from a long-term lease with approximately eight years remaining, plus two five-year renewal options, providing excellent lease stability. Originally built in 2004, the building received a new HVAC system in 2019. Strategically situated in the I-64 corridor of southwestern West Virginia, this Dollar General enjoys a dominant market position, holding a 58% share of the discount and dollar store sector within a five-mile radius. Its location on a major thoroughfare leading to Charleston, WV, ensures high visibility and accessibility. The asking price is $599,000, representing a price per square foot of $66.45. This presents a rare opportunity to acquire a well-established, high-performing retail asset with significant long-term growth potential. The lease commenced November 1, 2004, and expires October 31, 2032. This is a corporate-owned store with a proven track record of financial success.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2004
    Total area 9,014 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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