4064 Norrisville Rd - Freestanding FOR SALE
Jarrettsville, MD 21084 |
4064 Norrisville Rd
Jarrettsville, MD 21084
HIGHLIGHTS
- Over 5 years remaining on the primary lease term including five, 5-year options with 10% rental increases.
- Investment Grade Credit: Corporate Guarantee by Dollar General, which boasts an S&P credit rating of BBB.
- Limited Landlord Responsibilities: NN+ lease structure making this a hands-off opportunity for any investor.
- The average household income in the town of Jarrettsville is $191,942 providing this location with a strong customer base.
- The nearest Dollar Store is over ten miles away from this location, limiting competition for the site and increasing site visits.
- Located less than 30 miles from downtown Baltimore, MD, further solidifying the strong customer base and strategic site location from the tenant.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Department Store
TOTAL BUILDING SIZE
9320
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
04-013611
