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Dollar General - Felton, DE 29 Sandtown Rd 10,640 SF Retail Building Felton, DE 19943 $1,885,477 ($177.21/SF) 6.50% Cap Rate

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EXECUTIVE SUMMARY

5% Rent Increases Every 5 yrs
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent commenced October 2024
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
41,000+ Population within 10 miles
5,700+ Vehicles per day

ATTACHMENTS

Felton DE DG OM

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2024
Price
$1,885,477
Price Per SF
$177.21
Cap Rate
6.50%
NOI
$122,556
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.46 AC
Zoning
Commercial

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Dollar General
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Dollar General - - - -
  • Listing ID: 38487322

  • Date on Market: 11/18/2025

  • Last Updated:

  • Address: 29 Sandtown Rd, Felton, DE 19943

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