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4360 Pension St
Chincoteague Island, VA 23336

$1,212,193 USD

Freestanding For Sale • 9,202 SF

Property Details

Property Type Freestanding
Total Building Size 9,202 SF
Lot Size 1.21 AC
Building Class C
Year Built 1992
Cap Rate 7.75 %
Tenancy Single

0 Transit Score

52 Walk Score

                
                    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

Property Flyers

DG - Chincoteague, VA - Offering Memorandum

Cap Rate:

7.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Dollar General

Amenities

Signage
Monument Signage

Public Transportation

Airport	Drive	Walk	Distance
Salisbury-Ocean City Wicomico Regional	72 min	-	47.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	28
Type:	Surface
Included in Rent:	Yes

Joe Schuchert 310-971-3116 Schuchert Retail Group

4360 Pension St Chincoteague Island, VA 23336