7260 Sixty Foot Rd - Freestanding FOR SALE


Pittsville, MD 21850
$1,550,000 USD
410-627-6881
7260 Sixty Foot Rd, Pittsville, MD for Sale
$1,550,000 USD
Freestanding - FOR SALE
1/4
null | 7.4% Cap Rate

7260 Sixty Foot Rd
Pittsville, MD 21850


HIGHLIGHTS

  • This unit is one of the top performing stores in the Maryland market
  • Sales volumes per square foot are estimated to be $247 ±
  • Annual visits to this unit are in the top 20th percentile in the State, and ranked #2 within a 15-mile radius
  • Lease is corporately guaranteed by Dollar General Corporation
  • Nearest grocer (Food Lion) is 7+ miles away and the nearest major retail corridor is 10 miles away
  • Reduced competition in rural markets, like Pittsville, allows for a larger market share for essential goods

OVERVIEW

This Dollar General property at 7620 Sixty Foot Road in Pittsville, Maryland, represents a strong investment opportunity in a high-performing rural market. The unit ranks in the top 20th percentile for annual visits statewide and is the #2 most visited store within a 15-mile radius. With estimated sales of $247 per square foot and a corporate-guaranteed lease by Dollar General Corporation, the asset offers both stability and strong financial performance. The location features ample on-site parking (approximately 35 surface spaces) and benefits from limited competition— the nearest grocery store is over seven miles away, and the closest major retail corridor is 10 miles distant. Situated between Salisbury and West Ocean City, this under-served rural trade area provides a dominant position for essential goods retail.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7260 Sixty Foot Rd

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

C2

APN/PARCEL ID

04-012550

ASK ABOUT THIS PROPERTY

Mike RuoccoMacKenzie CommercialMore Info
410-627-6881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mike RuoccoMacKenzie CommercialMore Info
410-627-6881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.