1022 Western Ave, Manchester, ME

Listing agent Jack Navarra License #01909630

Listing office CP Partners j***@cppcre.com Show Phone

Listing date Sep 12, 2025

Source Moodyscre

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Overview

This single-tenant property is leased to Dollar General under a corporate-backed absolute NNN lease, offering zero landlord maintenance or expense responsibilities. The initial 15-year term has approximately 6.5 years remaining, expiring February 29, 2032. The lease includes three five-year renewal options, each with a 10% rent increase. Dollar General Corporation (NYSE: DG) is a Fortune 500 company with an investment-grade BBB rating (S&P) and operates over 21,000 locations nationwide. The property is positioned along Western Avenue (U.S. Route 202), the primary retail corridor in the trade area, and benefits from strong daily traffic counts of approximately 18,496 vehicles per day. The surrounding area features national retailers such as Hannaford Supermarket, Tractor Supply Co., Walgreens, and Dunkin'. The trade area serves over 128,000 residents in Kennebec County. The property size is 9,026 square feet.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Pharmacy Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Manchester

County

Kennebec

State

Maine

Longitude

-69.8712

Latitude

44.3232

FAQs

What type of property is this?

Grocery and convenience store - Single-tenant Dollar General with corporate-backed NNN lease in Manchester, ME.

Where is this grocery and convenience store located?

The property is located at 1022 Western Ave Manchester, ME.

What is the asking price?

The asking price for this property is $1,456,000.

What are key features of this property?

This property features: Corporate‑backed absolute NNN lease with zero landlord responsibilities.; +\-6.5 years remaining on initial 15‑year lease term, expiring February 29, 2032.; **Dollar General Corporation (NYSE: DG)** - Fortune 500 company with investment‑grade BBB rating (S&P).