7958 Seneca Trl Hillsboro, WV 24946
- Retail properties
- 10,640 SF
- 1.21 lot acres
Current Use by Public Records
- Retail properties
Property Details for 7958 Seneca Trl
- Year built
- 2023
- Lot size
- 1.21 lot acres
- Property size
- 10,640 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a 10,640 square foot Dollar General store in Hillsboro, West Virginia. Built in 2023, the property boasts a 14-year absolute triple-net (NNN) lease with a corporate guarantee from Dollar General, a Fortune 500 company and S&P 500 company with $38.7 billion in 2023 sales. The property is situated on a 1.21-acre lot at 7958 Seneca Trail, a major north-south route (US Highway 219), ensuring high visibility and accessibility. With a 7.00% cap rate and a net operating income (NOI) of $105,631, this offering provides a strong return on investment. The lease includes four and five-year options with 10% rent increases. The property benefits from limited competition in the area and the e-commerce resistant nature of the Dollar General business model. The asking price is $1,509,014, translating to $141.82 per square foot. This is a turnkey investment with zero landlord responsibilities, offering significant long-term value and stability. The low cost of doing business in West Virginia further enhances the investment's attractiveness. This property represents a rare opportunity to acquire a high-performing, well-located retail asset with a strong tenant and significant remaining lease term.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hillsboro
- County
- Pocahontas
- State
- West Virginia
- Longitude
- -80.206
- Latitude
- 38.1397
