4851 Marlboro Pike
Capitol Heights, MD 20743
Dollar General · Retail Property For Sale

Marcus & Millichap, on behalf of the ownership, is pleased to exclusively offer the fee simple interest in this Dollar General in Capitol Heights, Prince George' s County, Maryland. The Tenant, Dollar General, is subject to a new 10-year NN lease that features a 10% rental increase in year six and in each of the four, five-year option periods. This 7,470 SF block and brick building was retrofit for the Tenant and is now open. The lease is guaranteed by Dollar General Corporation (NYSE: DG), investment grade, rated BBB- by Standard & Poor' s. Dollar General is strategically located at the signalized intersection of Marlboro Pike and Edgewick Avenue adjacent to Coral hills Shopping Center, a 79,400 SF grocery-anchored center. The property has excellent visibility and ingress/egress from Marlboro Pike, the area' s main retail corridor with average traffic counts in excess of 23,000 vehicles per day. The site also provides parking exclusively for the tenant, a valuable feature in this dense market. The location boasts more than 199,422 people within a 3-mile radius. The per capita income within the same radius is $22,483 which an ideal demographic for the Tenant. This asset provides an investor the opportunity to acquire stable, investment grade credit the stable Washington DC metropolitan area with strong demographics.