Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach
$1,328,014
Dollar General - Litchfield ME
Details
APN LITD M:U16 L:002
Property Type Retail
Sub Type Convenience Store, Grocery Store
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
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$92,961.00
$7,746.75/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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