6594 Ohio River Rd Lesage, WV 25537

This exceptional investment opportunity presents a 9,014 square foot Dollar General store in Lesage, West Virginia, built in 2010. The property boasts a strong 8.00% cap rate based on a Net Operating Income (NOI) of $54,600, secured by a 10-year Net-Net-Net (NNN) lease with six 5-year renewal options, each including a 10% rent increase. The lease, expiring July 31, 2031, has approximately 6.7 years remaining. Dollar General, a tenant with an investment-grade "BBB" credit rating, occupies the entire space at 100% occupancy. The property features 31 parking spaces on a one-acre lot and benefits from its high-traffic location on Ohio River Road, seeing over 9,600 vehicles daily. The surrounding area demonstrates strong demographics, with a ten-mile population of 95,316 and a three-mile average household income of $69,335. Recent improvements include two new HVAC units and brand new parking lot lights. This built-to-suit property offers minimal landlord responsibilities, making it an ideal investment for a 1031 exchange or passive investor seeking a stable, high-return asset. The asking price is $682,500, translating to $75.72 per square foot.