57 Houlton Rd Baileyville, ME 04694
High-yield, NNN-leased retail property
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Fee-simple ownership of a 9,160 SF Dollar General store built in 2018.
- 8+ years remaining on a 15-year absolute NNN lease with four 5-year renewal options, each with a 10% rent increase.
- Absolute NNN lease; zero landlord responsibilities.
- Only Dollar General within a 5-mile radius, serving as the primary retail source in the area.
- High-traffic location near the intersection of Houlton Rd and Airline Rd (7,600+ VPD).
- Strong corporate guarantee from Dollar General (S&P rating: BBB; 20,000+ locations).
Property Details for 57 Houlton Rd
- Property type
- Specialty properties, Retail properties
- Square Feet
- 9,160 SF
- Year Built
- 2018
- Buildings
- 1
- Lot Size (sq. ft)
- 55,321 SF
- Units
- 1
Location Insight
- City
- Baileyville
- County
- Washington
- State
- Maine
- Latitude
- 45.1233661
- Longitude
- -67.3500187
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Specialty property - High-yield, NNN-leased retail property
- Where is the specialty property located?
- The property is located at 57 Houlton Rd Baileyville, ME.
- What is the asking price?
- The asking price for this property is $1,127,780.
- What are key features of this property?
- This property features: Fee-simple ownership of a 9,160 SF Dollar General store built in 2018.; 8+ years remaining on a 15-year absolute NNN lease with four 5-year renewal options, each with a 10% rent increase.; Absolute NNN lease; zero landlord responsibilities.
- How can I contact the broker?
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