4360 Pension St - Freestanding FOR SALE


Chincoteague Island, VA 23336
$1,212,193 USD
310-971-3116
4360 Pension St, Chincoteague Island, VA for Sale
$1,212,193 USD
Freestanding - FOR SALE
1/11
null | 7.75% Cap Rate

4360 Pension St
Chincoteague Island, VA 23336


HIGHLIGHTS

  • Approximately 6.5 Years of Remaining Lease Term 
  • In November 2024 (2.5 Years Prior to Lease Expiration), Dollar General Extended The Lease for an Additional 5 Years Through July 31, 2032
  • Dollar General Has Been Operating at this Location for 30+ Years | Since 1992, Dollar General Has Extended the Lease Eight Time
  • Tenant Recently Remodeled the Store at their Sole Cost & Expense
  • Complete Roof Replacement in November 2022 | 30-Year Warranty

OVERVIEW

Schuchert Retail Group and Brian Brockman (Bang Realty, Inc.) are pleased to exclusively present for sale the 9,202 SF Dollar General located at 4360 Pension Street, Chincoteague, VA 23336. In Conjunction With: Brian Brockman (Bang Realty, Inc) - License #0226031911 VA License #0226031911

FOR SALE DETAILS

PRICE

$1,212,193 USD

PRICE/SF

$132 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | 6.5+ Yrs | Top 4% Nationwide

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

-

APN/PARCEL ID

030-A6-A0-00-0003-00

ASK ABOUT THIS PROPERTY

Joe SchuchertSchuchert Retail GroupMore Info
310-971-3116

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

Joe SchuchertSchuchert Retail GroupMore Info
310-971-3116

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