Dollar General
363 Route 3, China, ME, 04358
For Sale
Property Highlights
- Brand-new 2025 construction leased to Dollar General on a 15-year triple-net lease with 5% rent increases every five years.
- Corporate-guaranteed by Dollar General Corporation (NYSE: DG) — S&P “BBB” investment-grade credit and 20,000+ stores across 48 states.
- Three (3) additional five (5)-year renewal options extend the potential term to 2056.
- Prominent frontage on Route 3 (US-202), South China's primary retail corridor, immediately adjacent to Family Dollar.
- Hannaford-anchored trade area with Erskine Academy nearby; ~11 miles to Augusta (state capital) and ~13 miles to Waterville.
- Kennebec County market anchored by 3,900-acre China Lake; China's median household income (~$85,000) runs above the Maine average.
Property Details
- Price: $2,729,422
- Property Type: Retail
- Transaction Type: For Sale
- Cap Rate: 6.75%
- Building Size: 9,100 SF
- Lot Size: 1.45 AC
- Lease Type: Single Tenant NNN
- Lease Term: 15 years
- Year Built: 2025
- Tenancy: Single Tenant
- Year Built: 2025
- Space Use: Retail
Financial Summary
Investment Highlights
| Price | $0.00 |
| Price / Unit | $0.00 |
| Gross Rent Multiplier | 0.00 |
| Proposed Loan Amount | $0.00 |
| Initial Investment | $0.00 |
Income & Expenses
Income | Potential | Current |
Expense | Potential | Current |
Total Expenses | $ 0.00 | $ 0.00 |
| Net Operating Income | $0.00 | $0.00 |
| Less Debt Service | $0 | $0 |
| Potential Net Cash Flow | $0.00 | $0.00 |
| Cash on Cash Return | 0.00 % | 0.00 % |
| Capitalization Rate | 0.00 % | 0.00 % |
Rent Roll
Unit | BR/BA | Current Monthly Rent | Potential Monthly Rent | Status | Lease Expires | |
Totals | $ 0.00 | $ 0.00 | ||||
