4831 Dupont PkwyTownsend, DE 19734

This exceptional investment opportunity presents a newly constructed, 10,640 square foot Dollar General store located at 4831 Dupont Pkwy, Townsend, DE 19734. The property sits on a 3.17-acre lot and boasts a 15-year absolute NNN lease commencing March 1, 2024, and expiring March 1, 2039, with a remaining term of 14.3 years. The lease includes a 5% rent increase every five years, minimizing landlord responsibilities and ensuring consistent income growth. The tenant, Dollar General, is investment-grade rated BBB by Standard & Poor's, providing significant financial security. The property's strong location benefits from a population of over 26,300 within a 5-mile radius and an average daily traffic count of 18,930. The asking price is $2,183,950, representing a 6.40% cap rate and a price per square foot of $205.26. The property features a single-story building constructed in 2024, with a current NOI of $139,773. The lease includes three five-year renewal options, further enhancing the long-term value of this investment. This is a truly passive investment opportunity with a strong tenant and excellent location. The property is zoned commercial and is currently 100% occupied.