521 Main St Federalsburg, MD 21632
This exceptional investment opportunity presents a fee-simple ownership of a 10,640 square foot Dollar General store located at 521 S Main St, Federalsburg, MD 21632. Built in 2024, this property boasts a brand-new 15-year Absolute NNN lease with five, 5-year renewal options, providing significant long-term stability for passive investors. The lease includes a 5% rent increase every five years throughout the base term and each renewal option, ensuring consistent income growth. The tenant, Dollar General, is a credit-rated, investment-grade corporate guarantor (BBB rating by Standard & Poor's), operating nearly 20,000 locations with $37.88B in 2023 revenue. The property features excellent visibility at a hard corner intersection and sits on a sizable 1.456-acre lot, offering potential for future redevelopment. The current Net Operating Income (NOI) is $147,950, resulting in a 6.65% cap rate. This Dollar General Plus store is a larger format, offering expanded product lines and higher sales volume than traditional locations. The property's location in Federalsburg, a community of less than 20,000 residents, aligns perfectly with Dollar General's target market, serving local residents with essential grocery and household items. The asking price is $2,224,812, translating to $209.10 per square foot. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with substantial long-term potential. 100% occupancy.
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Dollar General Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.