For Sale
$640,000
1890 Us-60 Culloden, WV 25510
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- Long-term lease with Dollar General, extending through 2030 with renewal options.
- Dollar General's double-net lease includes a fixed annual expense reimbursement exceeding operating costs, with landlord responsibility limited to roof and structure.
- Lease features 25% rent increase at first renewal and 8% increases thereafter.
- Investment-grade credit tenant (BBB/Baa2) with strong sales growth and extensive national presence.
- High-visibility location on US Highway 60, with I-64 access, serving as a primary shopping destination in western Culloden.
- Strategically located in an underserved market, catering to a large population within a 10-mile radius.
Property Details for 1890 Us-60
- Property type
- Retail properties, Drug stores
- Square Feet
- 9,014 SF
- Year Built
- 2005
- Lot Size (sq. ft)
- 35,719 SF
Location Insight
- City
- Culloden
- County
- Cabell
- State
- West Virginia
- Latitude
- 38.4190775
- Longitude
- -82.0769114
1890 Us-60, Culloden, West Virginia
Nearby Comparable
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 1890 Us-60 Culloden, WV.
- What is the asking price?
- The asking price for this property is $640,000.
- What are key features of this property?
- This property features: Long-term lease with Dollar General, extending through 2030 with renewal options.; Dollar General's double-net lease includes a fixed annual expense reimbursement exceeding operating costs, with landlord responsibility limited to roof and structure.; Lease features 25% rent increase at first renewal and 8% increases thereafter.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website