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27213137

3175 W Dupont Ave, Belle, WV 25015

JU
CA CA 01512755
JTU Net Lease Group
EO
CA 02138496
Listed by JTU Net Lease Group
$800,000
250 days on market
Updated 28 days ago

Dollar Tree

Details
Property Type Retail
Sub Type Storefront
Square Footage 11,060
Net Rentable (SqFt) 11,060
Cap Rate 7.62%
NOI $60,950
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN+
Remaining Term 5
Lease Options Four, 5-Year
Class C
Year Built 1995
Acreage 1.500
Zoning B-2
Tenant Credit Corporate Guarantee

Low Replaceable Rent | Low Price Point Opportunity | Charleston MSA

Marketing description

This Dollar Tree is located at 3175 W Dupont St in Belle, WV. The property consists of a single-story 11,060 SF structure built in 1995, renovated in 2020, on 1.50 AC with a masonry construction, 50 surface parking spots, and highly visible pylon signage. The property is conveniently located off I-64, a primary thoroughfare of West Virginia, with nearby retailers including: Kroger, Wendy’s, IHOP, Sheetz, Applebee’s, Cracker Barrel, Exxon and more.

Investment highlights

• Low Rent | Low Price Point | Corporate Guarantee | Investment Grade Tenant

•High Visibility | Pylon Signage | Convenient Access To I-64 (39,000 VPD) &US-60 (10,000 VPD)

• Located In Primary CommercialAnd Commuter Corridor| Outstanding Frontage

•Building Renovated in 2020 |FullyGutted Renovation

•Affluent Community | $83,800 AHHI In 5-Mile Radius

•Attractive Rent Increases AtThe Start Of Each Renewal Option | Hedge Against Inflation

•Tenant Reimburses Real Estate Taxes, Insurance, andCommon Area Maintenance

•Charleston MSA | $57B AnnualGDP | Recreational, Cultural, and Economic Hub Of West Virginia

•Recession-Resistant Retailer | Thrives In Middle-America Markets Where Demos May Be Modest

•Nearby Retailers Include: Kroger, Wendy’s, IHOP, Sheetz, Applebee’s, CrackerBarrel, Exxon and more

Listing Contacts

JU
CA CA 01512755
JTU Net Lease Group
EO
CA 02138496
Listed by JTU Net Lease Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$60,950.00
$5,079.17/mo

Valuation Metrics

0
DSCR
7.62%
Cap Rate
7.62%
ROI

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