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30109823
30109824

409 US-2, Wilton, ME 04294 For Sale

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$1,606,271
134 days on market
Updated 32 days ago

Dollar General - Wilton ME

Details
APN WILN M:28 L:065
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 9,100
Cap Rate 7%
NOI $112,439
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/30/2030
Remaining Term 4
Rent Bumps Yes
Lease Options 3 (5-Year)
Price per SqFt $177
Broker Co-Op Yes
Year Built 2015
Buildings 1
Stories 1
Acreage 2.950
Zoning Commercial
Parking Spaces 40 spaces
Parking per 1,000 SqFt 4.40
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/25/2015

4+ Years Remaining | Abs. NNN | 3 5-Year Options

Investment highlights

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

  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities

  • Fronting Main Street (Route 2/4) | Limited Competition | Excellent Visibility & Access

  • Local Demographics In 5-mile Trade Area

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,439.00
$9,369.92/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, LLC
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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