Property Listing No Longer Available for Sale

104 N 4th St, Paden City, WV

Retail for Sale - $2,089,920 - 12,687 Sq. Ft.


Property Info

CIMLS#1166607
Location
  104 N 4th St
  Paden City WV 26159
UpdatedNovember 13th, 2024
TypeRetail
Price$2,089,920
Building12,687 Sq. Ft.

Property Description

Current use: Dollar General. Tenant relocated from a smaller building in the market into this loacation, demonstrating their success in the market. Lease structure containing 5.00% rental increases every 5 years in the primary term & options. New 15 year lease with 5.00% rental increases every 5 years and three, 5-year options. Absolute NNN Lease with zero landlord responsibilities, ideal for investors seeking a passive stream of cash flow. +12,687 square foot building . The larger store size is indicative of higher sales figures and healthier operating margins. There are over 21,000 residents living within a 10-mile radius with an average household income over $64,000. Stuated on Andrews Rd on one of the best corners in town with excellent visibility and easy access, exposed to over +11,200 VPD. Property benefits from proximity to major highways, including State Routs 2, 7, and 180, facilitating easy access for customers and suppliers.


Financials