$1,600,000
DOLLAR GENERAL
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,100
Cap Rate 7.16%
NOI $114,564
Tenancy Single
Lease Type NNN
Lease Term 15
Lease Expiration 09/05/2033
Remaining Term 7
Rent Bumps Yes
Price per SqFt $176
Year Built 2018
Acreage 3.410
Parking Spaces 57 spaces
Parking Per SqFt 6.26
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/05/2018
Ground Lease No
Retail | 7.16% CAP | 9,100 SqFt
Marketing description
The Subject Property Is A Freestanding Dollar General Located At 63 Winding Creek Road In Dover, Delaware, Positioned Just North Of Forrest Avenue, one of the primary east-west retail corridors serving the Dover Trade Area. The Site Benefits From Strong Accessibility To Surrounding Residential Neighborhoods And Nearby Retail Destinations, Allowing The Store To Function As A Consistent Daily Convenience Stop For Local Residents.
Investment highlights
- Limited Delaware Supply
- 3.41-Acre Corner Lot — One Of The Largest Sites In For Dollar General. 57 Parking Spaces.
- 7 Years Remaining + 5 Options Through 2058 — Flat Rent In Primary Term; 10% Increases In Each Option Period.
- 15,200 VPD — Forrest Ave (RT 8) — Dover's Primary E-W Retail Corridor. Easy Access, Strong Daily Traffic.
- Proven Retail Trade Area — Walmart Supercenter, Dover Mall, Wawa, Lowe's, ALDI, Walgreens, CVS Within 5 Miles.
- Dover Air Force Base, Bayhealth Hospital & Delaware State University — 11,000+ AFB Workforce (5.3 Mi.), Major Hospital & University Anchor Demand.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,564.00
$9,547.00/mo
Valuation Metrics
0
DSCR
7.16%
Cap Rate
7.16%
ROI
Map
Zoning
BN CommercialNeighborhood CommercialNeighborhood Business
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View all 57 uses Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics
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