Dollar General 10838 Worton Rd 9,100 SF Retail Building Worton, MD 21678 $1,278,000 ($140.44/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Listed for $1,238,000 yielding a cap rate of 7.75%.
- Investment Grade Tenant — Corporate Guarantee by Dollar General Corporation, a Fortune 500 company (S&P: BBB).
- ±7.50 Years of Lease Term Remaining provide a strong security of income.
- Built in 2018 — 9,100 SF building. NNN Lease with zero landlord responsibilities.
- Area Overview — Rt. 297 is the main access road from the southern part of the county and carries traffic from the Elementary (265 students)
EXECUTIVE SUMMARY
Kyle Matthews
License No. 664913 (MD)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- Jun 2032
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | Jun 2032 |
PROPERTY TAXES
| Parcel Number | 03-338732 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,406,067 |
