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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

237 Cass Rd Slaty Fork, WV 26291

10,640 SF 1.97 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General store built in 2023. Located at 237 Cass Rd, Slaty Fork, WV 26291, on a 1.97-acre lot, this property boasts a 15-year absolute NNN lease with a corporate guarantee from Dollar General, a Fortune 500 company with a BBB S&P rating. The lease includes three 5-year options with 10% rent increases every five years, ensuring consistent and growing income. The property's strong financial performance is reflected in its current 7.00% cap rate and a net operating income (NOI) of $120,321. The store benefits from its strategic location along U.S. Highway 219, a major north-south route, and its proximity to the popular Snowshoe Mountain Resort, attracting approximately 480,000 skiers annually. Dollar General's impressive growth trajectory, including plans for significant expansion, further solidifies this investment's long-term potential. This e-commerce resistant retailer is experiencing explosive growth, making this a secure and lucrative opportunity for discerning investors. The property's high occupancy rate of 100% underscores its strong performance and market demand. This is a rare chance to acquire a high-performing, passively managed retail asset with a blue-chip tenant in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 10,640 SF
Lot 1.97 ac (85,813 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
Current use
Occupant on record · Public records
  • Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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