Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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