57 Houlton Rd - Storefront FOR SALE


Baileyville, ME 04694
$1,127,780 USD
817-584-2000
57 Houlton Rd, Baileyville, ME for Sale
$1,127,780 USD
Storefront - FOR SALE
1/5
null | 7.7% Cap Rate

57 Houlton Rd
Baileyville, ME 04694


HIGHLIGHTS

  • 2018 Dollar General Store With 8+ Years Remaining on Primary Term
  • Attractive Lower Price Point for Absolute NNN Lease Dollar General
  • Absolute NNN Lease With Zero Landlord Responsibilities
  • 10% Rental Increase Every 5 Years Throughout Option Periods
  • Limited Retail Competition - Primary Source of Retail Goods in the Area, the Only Dollar Store Within 5 Miles
  • Strategically Positioned Near Intersection of Houlton Rd and Airline Rd With Combined Traffic Counts of 7,600+ VPD

OVERVIEW

In Cooperation With Brian Brockman at Bang Realty-New England Inc | ME #DB921170 | bor@bangrealty.com

FOR SALE DETAILS

PRICE

$1,127,780 USD

PRICE/SF

$125 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

-

APN/PARCEL ID

BAIL-000012-000000-000028-000027B

ASK ABOUT THIS PROPERTY

Cody CristTrinity Real Estate Investment Services, LLCMore Info
817-584-2000

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Cody CristTrinity Real Estate Investment Services, LLCMore Info
817-584-2000

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