Property Details

Dollar General

Rock Hall, MD
Property ID: 5308

Financial Summary

Asking Price $1,875,000
Cap Rate 6.50%
Net Operating Income (NOI) $121,885
Lease Type NNN
Lease Term Remaining 11.5 Years
The Offering Memorandum for this property is no longer available.

Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • Investment grade credit S&P: BBB
  • Upgraded architectural finishes to the building facade & lighting
  • Concentrated trade area: 12 marinas, 1,400+ boat slips
  • Rent increase 3% in year 11 of primary lease starting December 2023
  • Absolute NNN lease - no landlord responsibilities
  • Adjacent to West Marine & Walgreens

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

21378 Rock Hall Ave
Rock Hall, MD

Traci BidingerDollar General