1402 E Newport Pike, Wilmington, DE 19804

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Dollar General investment property located at 1402 E Newport Pike in Wilmington, Delaware (the “Property”). Dollar General commenced a 15-year Absolute Net Lease in 2015 that has 4+ years of term remaining followed by five (5), 5-year renewal options. The lease features 10% rent increases at the start of each renewal option.

The Property is positioned in the Newport Heights neighborhood of Wilmington at the signalized intersection of Becker Avenue and Newport Pike, the area’s primary commercial and commuter corridor traversing southwestern Wilmington. Dollar General benefits from excellent visibility and frontage in a densely populated residential neighborhood. Dollar General offers convenient access to DE Route 141 and Interstates 95, 295 and 495, and is easily accessible from all areas of the city.