410-957-4005
503 S Church St, Snow Hill, MD for Sale
Storefront - FOR SALE
1/3
null | Request Cap Rate

503 S Church St
Snow Hill, MD 21863


HIGHLIGHTS

  • Brand-new Dollar General Market with a 15-year corporate-guaranteed NNN lease.
  • Scheduled rent commencement in May 2025 with five 5-year renewal options and 10% increases.
  • Located in Snow Hill, the county seat of Worcester County, with strong local demand and limited grocery competition.
  • Excellent visibility and access along Church Street, a main route into Downtown Snow Hill.
  • Positioned near schools and residential neighborhoods, ensuring consistent customer traffic.

OVERVIEW

This offering features a newly constructed Dollar General Market in Snow Hill, Maryland, secured by a 15-year absolute NNN lease with a corporate guarantee from Dollar General (NYSE: DG). Rent commencement is scheduled for May 2025, providing investors with a long-term, stable income stream backed by an investment-grade tenant. The lease includes five additional five-year renewal options with 10% rent increases at each option, ensuring built-in growth and long-term value. The property is strategically located along Church Street, a direct route into Downtown Snow Hill, and benefits from excellent visibility and accessibility. Snow Hill serves as the county seat of Worcester County and is a growing community with limited grocery competition—only one other grocery store exists in the trade area. The site is adjacent to residential neighborhoods and near local schools, creating a strong customer base. Dollar General is the largest discount retailer in the U.S., operating over 18,700 stores nationwide, and maintains a Baa2 credit rating. This investment offers a rare opportunity to acquire a brand-new, corporately guaranteed asset in a supply-constrained market with strong fundamentals and minimal landlord responsibilities.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.79 AC

LAND SF

121,532 SF

ZONING

B-2

APN/PARCEL ID

02-021889

ASK ABOUT THIS PROPERTY

Howard CrossanOxford Chase, IncMore Info
410-957-4005

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

Howard CrossanOxford Chase, IncMore Info
410-957-4005

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