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31083352
31083353

3 Hudson Ave, Guilford, ME 04443

DD
NY 40DE0945716
HMX Realty Advisors
Listed by HMX Realty Advisors
$2,122,500
80 days on market
Updated 79 days ago

Dollar General - Guilford

Details
Property Type Retail
Sub Type Storefront
Square Footage 11,000
Net Rentable (SqFt) 11,000
Units 1
Cap Rate 6.5%
NOI $137,967
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 10
Lease Expiration 07/01/2036
Remaining Term 10.1
Class A
Buildings 1
Stories 1
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 07/01/2026
Occupancy Date 07/01/2026

Price: $2,122,500 | Cap: 6.50% | NOI: $137,967

Marketing description

HMX Realty Advisors is pleased to exclusively offer for sale a brand new Dollar General located in Guilford, ME. This 11,000 sf building is a complete rehabilitation of a former Rite Aid, featuring a comprehensive renovation of the existing structure including a new roof, mechanical, and electrical systems, and sits on a 1.10 acre parcel of land. The store is scheduled to open in July 2026.

The property is located at the corner of Hudson Avenue and Main Street in the center of Guilford, a community in Piscataquis County along the Piscataquis River. The site benefits from a central downtown position with excellent visibility, and with the departure of the former Rite Aid, this Dollar General will serve as the primary convenience retail destination for the surrounding communities of Piscataquis County.

Guilford serves as a key service hub for the broader region and is home to two of Piscataquis County's largest employers — Puritan Medical Products and Duvaltex U.S. — providing a stable base of working residents who represent the core customer of Dollar General's value-oriented merchandise. Dollar General serves not only Guilford but the surrounding communities of Sangerville, Abbot, Cambridge and Parkman, all of which lack comparable retail options. The nearest Dollar General is approximately 13 miles away in Dexter, ME, underscoring the lack of competition and the captive nature of the trade area. This captive trade area dynamic is precisely the type of underserved market that Dollar General has strategically targeted throughout its national expansion, now operating over 20,000 stores across the United States. This fully renovated asset provides an essential retail option for the region.

Investment highlights

· Dollar General Corp | NYSE: DG | S&P Rating: “BBB” Investment Grade

· New long term net Lease with rent increases

· Conversion of former Rite Aid

· To serve as the dominant general merchandise retailer with limited competition

· Guilford is a Piscataquis County community with a captive customer base reliant on value-oriented retail

Listing Contacts

DD
NY 40DE0945716
HMX Realty Advisors
Listed by HMX Realty Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$137,967.00
$11,497.25/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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