New Dollar General in
174 dingley spring rd, Gorham, ME 04038
For Sale
Contact for pricing
New Dollar General store in growing southern Maine community.
Property Size9,100 SF
Lot Size1.98 Acres
Price / SF$269.23
Days on Market240
Property Features for 174 dingley spring rd
General Information
Standard status
Size
Class
Lot size
Property subtype
Occupancy
Investment Type
Net Operating Income
Building Details
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
HMX Realty Advisors
Listed By:
Robert James · License NY #10311201830
(212) 686-0072
Source:
Crexi
Added: Mar 16
Changed: Aug 8
Last Checked: Aug 8 at 6:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HMX Realty Advisors
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Investment Insights
Based on property information with market context.
A new Dollar General store is available for sale in Gorham, Maine. The newly constructed building, comprising 9,100 square feet, is situated on a 1.98-acre parcel of land. The store is scheduled to open in June 2026. The property is located on Route 25 (Ossipee Trail), a primary commercial corridor serving the growing southern Maine community. Gorham is part of the Portland-South Portland metropolitan area. The area has a population of over 18,600 residents and an average household income exceeding $140,000 within a 5-mile radius. The area is home to the University of Southern Maine and is one of the fastest-growing communities in the state, attracting young families and professionals. Retailers in the immediate trade area include Hannaford, Tractor Supply, Dunkin and Subway. The property is a short drive to the University of Southern Maine’s Gorham campus.
Key Highlights
- Brand new Dollar General opening June 2026 in Gorham, ME.
- Located on busy Route 25 (Ossipee Trail), a primary commercial corridor.
- Located in a growing southern Maine community, part of the Portland‑South Portland metro area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,966
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,039,320
$2.0M
Cap Rate 7%
$1,456,657
$1.5M
Cap Rate 9%
$1,132,956
$1.1M
Market Conditions
NOI Build-Up for 9,100 SF
Gross rent
$163.8K $18.00/SF
− Vacancy
−$27.8K −$3.06/SF
EGI
$136.0K $14.94/SF
− OpEx
−$34.0K −$3.74/SF
NOI
$102.0K $11.21/SF
Area
Cumberland County, ME
Vacancy
17.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,039,320
Cap Rate 7%
$1,456,657
Cap Rate 9%
$1,132,956
Alternative Uses
Best Use
Specialty Retail
$1.46M
$1.27M – $1.70M
NOI $101,966 @ 7.0% cap · market cap 4.16%
Second Best
Retail
$1.36M
$1.19M – $1.59M
NOI $95,168 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,080 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 04038, ME
18,336
Population
6,527
Households
2.8
Avg Household Size
39
Median Age
46%
College-Educated
97%
High-School Grad
50.6 sq mi
ZIP Area
362
Density / Sq Mi
$110,181
Median Household Income
$53,122
Median Earnings
$1,567
Median Rent
$426,300
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - New Dollar General store in growing southern Maine community.
Where is this grocery and convenience store located?
The property is located at 174 dingley spring rd Gorham, ME.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Brand new Dollar General opening June 2026 in Gorham, ME.; Located on busy Route 25 (Ossipee Trail), a primary commercial corridor.; Located in a growing southern Maine community, part of the Portland‑South Portland metro area.
