10838 Worton Rd - Freestanding FOR SALE


Worton, MD 21678
$1,278,000 USD
866-889-0550
10838 Worton Rd, Worton, MD for Sale
$1,278,000 USD
Freestanding - FOR SALE
1/3
null | 7.75% Cap Rate

10838 Worton Rd
Worton, MD 21678


HIGHLIGHTS

  • Listed for $1,238,000 yielding a cap rate of 7.75%.
  • Built in 2018 — 9,100 SF building. NNN Lease with zero landlord responsibilities.
  • Investment Grade Tenant — Corporate Guarantee by Dollar General Corporation, a Fortune 500 company (S&P: BBB).
  • Area Overview — Rt. 297 is the main access road from the southern part of the county and carries traffic from the Elementary (265 students)
  • ±7.50 Years of Lease Term Remaining provide a strong security of income.

OVERVIEW

Broker of Record Kyle Matthews License No. 664913 (MD) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,278,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,327 SF

ZONING

V

APN/PARCEL ID

03-338732

ASK ABOUT THIS PROPERTY

Kyle MatthewsMatthews Real Estate Investment ServicesMore Info
866-889-0550

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Kyle MatthewsMatthews Real Estate Investment ServicesMore Info
866-889-0550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.