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30106050
30106051

1905 Hallowell Rd, Litchfield, ME 04350

AF
PA PA RSR006585, MD MD 5002882 (+2)
SRS Real Estate Partners McLean
PW
FL SL3430880
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach
$1,328,014
99 days on market
Updated 88 days ago

Dollar General - Litchfield ME

Details
APN LITD M:U16 L:002
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 9,026
Cap Rate 7%
NOI $92,961
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/29/2030
Remaining Term 4.3
Rent Bumps Yes
Lease Options 3 (5-Year)
Price per SqFt $147
Broker Co-Op Yes
Year Built 2015
Buildings 1
Stories 1
Acreage 2.000
Zoning Commercial
Parking Spaces 37 spaces
Parking Per SqFt 4.10
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/16/2015
Ownership Fee Simple

Retail | 7.00% CAP | 9,026 SqFt

Investment highlights

  • 10-Year Operating History | 4+ Years Remaining | Corporate Guaranteed

  • Absolute NNN Leased | Fee Simple Ownership | Zero Landlord Responsibilities

  • Fronting Lewiston Rd (3,700 VPD) | Excellent Visibility & Access | 20 Minutes from Augusta

  • Local Demographics In 5-mile Trade Area

Listing Contacts

AF
PA PA RSR006585, MD MD 5002882 (+2)
SRS Real Estate Partners McLean
PW
FL SL3430880
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$92,961.00
$7,746.75/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Jonathan Lapat
License
ME License No. DB921853
Brokerage
SRS Real Estate Partners-Boston
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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