New NNN Grocery
For Sale
Contact for pricing
10860 Market Ln, Princess Anne, MD 21853
Completed in 2024 and leased under a 15-year Absolute NNN agreement with renewal options.
Property Size12,592 SF
Lot Size3.54 Acres
Days on Market142
Property Features for 10860 Market Ln
General Information
Standard status
Active
Size
12,592 SF
Lot size
3.54 Acres
Property subtype
Retail
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
CBRE - Philadelphia Suburban
(484) 567-2340
Listed By:
Matthew Gorman · License #PA RS287470
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 12:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Philadelphia Suburban
Investment Insights
Based on property information with market context.
Located at 10860 Market Ln in Princess Anne, Maryland, this NNN grocery property contains 12,592 square feet and was completed in 2024. The improvements operate as a DG Market under a 15-year Absolute NNN lease, providing a defined lease structure for the asset.
The agreement includes five additional five-year renewal options, with 10% rental increases during each option period. Lease obligations are corporately guaranteed by Dollar General, which is rated BBB by Standard & Poor’s. The property occupies a 3.54-acre parcel in Somerset County, offering a substantial site for the existing grocery operation.
The agreement includes five additional five-year renewal options, with 10% rental increases during each option period. Lease obligations are corporately guaranteed by Dollar General, which is rated BBB by Standard & Poor’s. The property occupies a 3.54-acre parcel in Somerset County, offering a substantial site for the existing grocery operation.
Key Highlights
- 12,592‑square‑foot DG Market property completed in 2024
- 15‑year Absolute NNN lease in place
- Five 5‑year renewal options included
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 21853, MD
10,179
Population
4,962
Households
2.1
Avg Household Size
33
Median Age
22%
College-Educated
91%
High-School Grad
114.8 sq mi
ZIP Area
89
Density / Sq Mi
$51,710
Median Household Income
$24,603
Median Earnings
$973
Median Rent
$167,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Completed in 2024 and leased under a 15-year Absolute NNN agreement with renewal options.
Where is this nnn property located?
The property is located at 10860 Market Ln Princess Anne, MD.
What are key features of this property?
This property features: 12,592‑square‑foot DG Market property completed in 2024; 15‑year Absolute NNN lease in place; Five 5‑year renewal options included
