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29830758
29830757

100 Fieldview Ave, Morgantown, WV 26501 For Sale

BB
WV B200300608, OH BRK.200900214 (+21)
Bang Realty
Listed by Bang Realty
$1,582,179
149 days on market
Updated 40 days ago

Dollar General - Morgantown WV

Details
Property Type Retail
Sub Type Dollar General, General (+1)
Square Footage 8,365
Net Rentable (SqFt) 8,365
Units 25
Cap Rate 7.5%
NOI $118,663
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 10
Lease Expiration 02/29/2036
Remaining Term 9.8
Rent Bumps Yes
Lease Options 5 (5 Year) Option
Price per SqFt $189
Broker Co-Op Yes
Class B
Year Built 2017
Year Renovated 2026
Buildings 1
Stories 1
Acreage 2.410
Zoning Commercial
Parking Spaces 25 spaces
Parking per 1,000 SqFt 2.99
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 02/14/2026
Occupancy Date 02/14/2026
Ground Lease No
Ownership Fee Simple

Retail | 7.40% CAP | 8,365 SqFt

Marketing description

We are pleased to present this 8,365 SF retrofit Dollar General store located in Morgantown, WV. The property is secured with a 10 year Double Net (NN) Lease leaving minimal landlord responsibilities. The lease contains 5 (5 year) options to renew, each with a 10% rent increase. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction and successfully opened for business in February 2026.

This Dollar General is highly visible as it is strategically positioned on Fieldview Avenue seeing 10,631 cars per day, with 2 points of ingress/egress - available from 2 streets. It sits directly across from Mountainview Elementary School. The 5 mile population from the site is 81,169 and the 1 mile average household income is $89,369 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 7.50% cap rate based on NOI of $118,663.46.

Investment highlights

  • Brand New 10 Year Double Net (NN) Lease
  • Minimal Landlord Responsibilities | Roof, Structure, Parking
  • 2026 Retrofit Construction on 2017 Brand New Building
  • Concrete Parking Lot
  • 2 Points of Ingress/Egress | Accessible from 2 Streets
  • 5 (5 Year) Options | 10% Increases At Each Option
  • 1 Mile Household Income $89,369
  • 5 Mile Population 81,169 | Steady Growth in Population
  • 10,631 Cars Per Day on Fieldview Avenue
  • Investment Grade Dollar Store With "BBB" Credit Rating
  • Dollar General Corporate Guaranty
  • Across from Mountainview Elementary School

Listing Contacts

BB
WV B200300608, OH BRK.200900214 (+21)
Bang Realty
Listed by Bang Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$118,663.00
$9,888.58/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Brian Brockman
License
B200300608
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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