10840 Market Ln | Princess Anne, MD 21853
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- LoopNet Team
10840 Market Ln
Princess Anne, MD 21853
Dollar General | Princess Anne MD · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 15-year Absolute NNN lease with five, 5-year renewal options
- DG Market stores are an expanded Dollar General store format.
- Property sits on a massive 3.54 acre parcel that can potentially be redeveloped should the current tenant ever vacate.
- Ideally situated with excellent frontage Market Lane and visibility from Ocean Highway (23,492 VPD) which runs parallel with the subject property.
- Corporately guaranteed by Dollar General, an investment grade credit tenant rated BBB by Standard & Poor’s.
- Ideal DG Submarket | 70% of Dollar General stores cater to communities like Princess Anne of less than 20,000 residents.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,592 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
3.54 AC
Zoning
C-2 - Commercial Office District
PROPERTY TAXES
| Parcel Number | 01-167279 | Improvements Assessment | $1,644,100 |
| Land Assessment | $226,400 | Total Assessment | $1,870,500 |
PROPERTY TAXES
Parcel Number
01-167279
Land Assessment
$226,400
Improvements Assessment
$1,644,100
Total Assessment
$1,870,500
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