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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

20 Transit Score

30 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