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6305 OHIO RIVER RD Lesage WV 25537-9783

[Locked] • APN 10 21000500040000

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Details
Property Type Retail
Sub Type Storefront
Building SqFt 9,014
Lot SqFt 68,557
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code NZ
Year Built 2006
Building Count 1
Opportunity Zone No
Lease Type ******
Remaining Term ******
Mortgage Amount ******
Mortgage Term ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Storefront
Marketing Description
Rt 2 north from Huntington. Building on left in Lesage This asset is situated in an underserved, tertiary market, making it an essential part of the local retail landscape. The location was selected through Dollar General’s proprietary, data-driven site selection process, which identifies underserved communities with strong consumer demand and limited retail alternatives. As a result, this location benefits from a built-in customer base and minimal competition, ensuring continued performance and long-term viability. With no other grocery option in Lesage, the Dollar General serves as the primary retail destination for local and regional residents. It offers a broad selection of everyday necessities, including food and beverages, health and beauty products, cleaning supplies, pet care items, and more. The store sees steady foot traffic and strong customer loyalty, driven by the absence of other national retailers in the area. For many residents, Dollar General is the most convenient and cost-effective option for household essentials. Financially, the property offers compelling fundamentals. It boasts an extremely low cost of occupancy, resulting in above-average store level profitability. There are currently 5+ years remaining on the firm lease term, with six additional 5-year renewal options, providing a long runway of predictable income backed by contractual rent increases. This ensures built-in NOI growth over the life of the investment.
Sale Date
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Sold By
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
BN
Brody Nash PRO
•••.•••.6655
•rody@•••••••••.com
Brokerage logo

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