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$725,000 USD
6305 Ohio River Road
Lessage, West Virginia 25537
USA
Lessage, West Virginia 25537
USA
837.401 m2 ::
9,014 sqft
Commercial for Sale, Retail
Land size: 0.704 ha ::
1.74 acres
Sale price per sqm: 865.75
Remarks:
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.
Features:
- Year Built: 2006
- Building age: 11-20 years old
- Property type: Retail Building
- Utilities: City water, City sewer
- Lot Description: Level
- Roofing: Metal
Location:
6305 Ohio River Road, Lessage, West Virginia 25537, USA
Listed By CENTURY 21 Homes & Land
The Commercial for Sale, Retail located at 6305 Ohio River Road, Lessage, West Virginia 25537, USA is currently for sale. 6305 Ohio River Road, Lessage, West Virginia 25537, USA is listed for $725,000 USD. This property has 9,014 sqft. If the property located at 6305 Ohio River Road, Lessage, West Virginia 25537, USA isn't what you're looking for, search West Virginia Real Estate to see other Commercial For Sale in Lessage.
