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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

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
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
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
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 | - | - | - | - |
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Dollar General - Felton, DE | 29 Sandtown Rd
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