259 North Main Street

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259 North Main Street

Webster Springs, WV 26288
Asking Price
$1.19M
Cap Rate
7.9%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Dollar General | NNN | 7.90% CAP | 6.5 Years Remaining <ul><li>​Absolute Triple-Net (NNN) Lease Structure, With Zero Landlord Responsibilities, Providing Passive And Predictable Cash Flow</li><li>​Established Lease Commenced In 2017 With Approximately 6.5 Years Remaining, Providing Stable Near-Term Income Security</li><li>​Scheduled 10% Rental Increases During Option Periods, Offering Built-In Income Growth And Inflation Protection</li><li>​Five (5) Five-Year Renewal Options, Allowing For Up To 25 Additional Years Of Occupancy And Extended Income Po

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NOI
$80,000
Cap Rate
6.75%
DSCR
1.14
Tight
Cash-on-Cash
2.70%
Monthly Payment
$5,867.493
Annual Cash Flow
$9,590.085

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