159 Milbridge Rd - Freestanding FOR SALE


Cherryfield, ME 04622
$1,270,216 USD
214-347-7988
159 Milbridge Rd, Cherryfield, ME for Sale
$1,270,216 USD
Freestanding - FOR SALE
1/2
null | 7.85% Cap Rate

159 Milbridge Rd
Cherryfield, ME 04622


HIGHLIGHTS

  • 2020 build-to-suit construction for Dollar General
  • Absolute NNN lease with zero landlord responsibilities
  • Limited competition- the nearest dollar store is over ±5 miles away
  • Corporately guaranteed lease from Dollar General Corporation
  • Average household income of $60,331 which is considered to be a sweet spot for Dollar General

OVERVIEW

Broker of Record Brian Brockman License # DB921170 (ME) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,270,216 USD

PRICE/SF

$141 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

CHRY-000002U-000000-000015

ASK ABOUT THIS PROPERTY

Wyatt WagnerMatthews Real Estate Investment ServicesMore Info
214-347-7988

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Wyatt WagnerMatthews Real Estate Investment ServicesMore Info
214-347-7988

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.