6305 Ohio River Road Lessage, WV 25537

Retail MLS #: 181850 Listed By CENTURY 21 Homes & Land
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Property InformationDescription

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.
MORTGAGE CALCULATOR

Features

  • Age: 11-20 Years Old
  • Building Area: 9014.00 SF
  • Cross Docks: N
  • Exterior Description: Other
  • For Auction: N
  • Lot Description: Level
  • Lot Size Desc: 1-2 Acres
  • Lot Size In Text: 1.74 Acres
  • MLSID: 181850
  • Price Upon Request: N
  • Roof: Metal Roof
  • Sewer: City
  • Style: Retail Bldg -General Use
  • Sublease: N
  • Water: City Water
  • Year Built: 2006

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6305 Ohio River Road, Lessage, WV 25537
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