Dollar General for Sale in Wayne, WV
Wayne, WV
Key Investment Metrics
Price
$687,720
Cap Rate
10.0%
Net Operating Income
$68,772
Building Size
9100 SF
Land Area
0.81 Acres
Remaining Term
0.6 years
Lease Expiration
02/27/2027
Lease Term
23.7 years
Lease Commencement
06/24/2003
Lease Type
NN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2004
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5
Property overview
Dollar General in Wayne
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,100 SF
- Land area
- 0.81 acres
- Year built
- 2004
- Lease type
- NN
- Lease expiration
- 02/27/2027
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.