237 Cass Rd Slaty Fork, WV 26291
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.
-
Dollar General Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.