Single-Tenant Net Leased Retail
For Sale
Contact for pricing
Pending
7908 New Battle Grove Rd, Dundalk, MD 21222
Newly constructed Dollar General with a long-term absolute NNN lease that places taxes, insurance, and maintenance on the tenant.
Property Size10,566 SF
Days on Market142
Property Features for 7908 New Battle Grove Rd
General Information
Standard status
Pending
Size
10,566 SF
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Foundry Real Estate Development
Listed By:
Brendan Eisenbrandt · License #PA RS330265
Source:
Crexi
Added: Jun 1
Changed: Oct 10
Last Checked: Oct 19 at 7:21AM
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 Foundry Real Estate Development
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Investment Insights
Based on property information with market context.
This offering presents a newly constructed, single-tenant net leased retail asset occupied by Dollar General. The property is secured by a brand-new, long-term absolute NNN lease, shifting responsibility for taxes, insurance, and maintenance to the tenant. For investors and passive operators, the structure is designed to minimize day-to-day landlord involvement while maintaining a clear, tenant-funded operating model.
The asset is located at 7908 New Battle Grove Rd in Dundalk, Maryland, positioned along a well-trafficked corridor within a dense, established residential trade area. The site is described as having strong visibility and convenient access, supporting its role as a neighborhood retail destination.
Dollar General’s store format centers on essential goods and a neighborhood store model, and the property is leased to one nationally recognized discount retailer. The lease is newly executed and long-term, providing a dedicated tenant and a straightforward net-lease arrangement for qualified buyers seeking a stabilized, low-management retail investment profile.
The asset is located at 7908 New Battle Grove Rd in Dundalk, Maryland, positioned along a well-trafficked corridor within a dense, established residential trade area. The site is described as having strong visibility and convenient access, supporting its role as a neighborhood retail destination.
Dollar General’s store format centers on essential goods and a neighborhood store model, and the property is leased to one nationally recognized discount retailer. The lease is newly executed and long-term, providing a dedicated tenant and a straightforward net-lease arrangement for qualified buyers seeking a stabilized, low-management retail investment profile.
Key Highlights
- Newly constructed single‑tenant Dollar General at 7908 New Battle Grove Rd, Dundalk, MD
- Long‑term absolute NNN lease with tenant responsibility for taxes, insurance, and maintenance
- Property is occupied by Dollar General under the newly executed lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,289
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,045,780
$3.0M
Cap Rate 7%
$2,175,557
$2.2M
Cap Rate 9%
$1,692,100
$1.7M
Market Conditions
NOI Build-Up for 10,566 SF
Gross rent
$219.4K $20.76/SF
− Vacancy
−$16.3K −$1.54/SF
EGI
$203.1K $19.22/SF
− OpEx
−$50.8K −$4.80/SF
NOI
$152.3K $14.41/SF
Area
Baltimore County, MD
Vacancy
7.43%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,045,780
Cap Rate 7%
$2,175,557
Cap Rate 9%
$1,692,100
Alternative Uses
Best Use
Specialty Retail
$2.18M
$1.90M – $2.54M
NOI $152,289 @ 7.0% cap · market cap 5.60%
Second Best
Retail
$2.14M
$1.87M – $2.49M
NOI $149,549 @ 7.0% cap · market cap 5.50%
Theoretical Best
Multifamily LT 5
$102.51M
$89.70M – $119.60M
NOI $7,175,769 @ 7.0% cap · market cap 263.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Explore this area
Business Placement
Demographics for 21222, MD
59,062
Population
24,054
Households
2.5
Avg Household Size
38
Median Age
14%
College-Educated
85%
High-School Grad
11.5 sq mi
ZIP Area
5,136
Density / Sq Mi
$61,934
Median Household Income
$41,920
Median Earnings
$1,390
Median Rent
$200,800
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed Dollar General with a long-term absolute NNN lease that places taxes, insurance, and maintenance on the tenant.
Where is this nnn property located?
The property is located at 7908 New Battle Grove Rd Dundalk, MD.
What is the asking price?
The asking price for this property is $2,719,200.
What are key features of this property?
This property features: Newly constructed single‑tenant Dollar General at 7908 New Battle Grove Rd, Dundalk, MD; Long‑term absolute NNN lease with tenant responsibility for taxes, insurance, and maintenance; Property is occupied by Dollar General under the newly executed lease
