Share This Listing

Message

917 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

4360 Pension St
Chincoteague Island, VA 23336
 Dollar General - Recent Extension -7.5+ Yrs · Retail Property For Sale

Retail Buildings Virginia Chincoteague Island 4360 Pension St, Chincoteague Island, VA 23336

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Approximately 7.50 Years of Remaining Lease Term | Two (2) - Five (5) Year Option Periods with 10% Rental Increases
  • Complete Roof Replacement in November 2022 | 30-Year Warranty
  • Recent HVAC Replacement/Repairs | New 10-Ton HVAC Unit Installed in July 2024 - Secondary HVAC Unit Rebuilt in November 2023
  • Dollar General Has Been Operating at this Location for 30+ Years | Since 1992, Dollar General Has Extended the Lease Eight Times
  • Tenant Recently Remodeled the Store at their Sole Cost & Expense in April 2024
  • Strong Placer AI Data - 208,000 Visits | Nationwide (1,153/18,916) = Top 7% | Statewide (7/458) = Top 2%

EXECUTIVE SUMMARY

Schuchert Retail Group and Brian Brockman (Bang Realty, Inc.) are pleased to exclusively present for sale the 9,202 SF Dollar General located at 4360 Pension Street, Chincoteague, VA 23336.
In Conjunction With: Brian Brockman (Bang Realty, Inc) - License #0226031911
VA License #0226031911

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,202 SF
Building Class
C
Year Built
1992
Price
$1,727,264 CAD
Price Per SF
$187.71 CAD
Cap Rate
7.50%
NOI
$129,544 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.21 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
28 Spaces (3.04 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Monument Signage

LINKS

PROPERTY TAXES

Parcel Number 030-A6-A0-00-0003-00 Improvements Assessment $395,927 CAD
Land Assessment $247,631 CAD Total Assessment $643,557 CAD

PROPERTY TAXES

Parcel Number
030-A6-A0-00-0003-00
Land Assessment
$247,631 CAD
Improvements Assessment
$395,927 CAD
Total Assessment
$643,557 CAD
 

  • Listing ID: 34345102

  • Date on Market: 2025-01-02

  • Last Updated:

  • Address: 4360 Pension St, Chincoteague Island, VA 23336

The Retail Property at 4360 Pension St, Chincoteague Island, VA 23336 is currently available for Sale. Contact Schuchert Retail Group for more information.

1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 1 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_01
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 2 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_02
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 3 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_06
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 4 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_07
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 5 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_08
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 6 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_09
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 7 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_10
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 8 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_11
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 9 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_13
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 10 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_14
4360 Pension St, Chincoteague Island, VA for sale Building Photo- Image 11 of 12
DG - Chincoteague, VA - Offering Memorandum_Page_20

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.