September 17, 2025 – Kyle Danielson and Hill Kanellos of Horvath & Tremblay have successfully completed the sale of the Dollar General Market in Oakland, Maryland. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $2,575,000.
Dollar General Market is located at the southeast corner of Glendale Road and Garrett Highway in Oakland, Maryland. The new construction Dollar General Market has a 15-year Absolute NNN Lease with five (5), 5-year renewal options. The lease features attractive 10% rent increases at the start of each renewal option. The new construction Property is situated at the southeast corner of Glendale Road and Garrett Highway (US Highway 219), the area’s primary commercial and commuter corridor. The Property is adjacent to a new construction Royal Farms gas station and convenience store, across the street from McDonald’s, and is seconds from Deep Creek Lake and Deep Creek Lake State Park, two of the area’s largest draws for residents and visitors alike. Located eight miles north of Downtown Oakland, Dollar General Market is ideally positioned to take advantage of an underserved trade area with limited shopping options. The Property is convenient to several Lodges and Inns and is 6-miles from Garret College and Wisp Resort. Oakland, nestled in the Allegheny Mountains, serves as the county seat of Garrett County and is approximately 40 miles west of Cumberland, MD and 45 miles east of Morgantown, WV.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.