406 Main St Bingham, ME 04920

This exceptional investment opportunity presents a fee-simple ownership of a 9,100 square foot Dollar General store in Bingham, Maine. Built in 2018, this single-story building sits on a 1.7-acre lot and is currently operating under a 15-year absolute NNN lease with a corporate guarantee, providing zero landlord responsibilities. The lease commenced October 31, 2018, and has 9 years remaining, with 10% rent bumps at the start of each option period. The property boasts a 7.50% cap rate and a strong NOI of $104,288. Located at 406 Main St, Bingham, ME 04920, this strategically positioned store serves as the only Dollar General within a 30-mile radius, benefiting from its proximity to North Country Rivers, a major outdoor adventure resort. The property's oversized lot and recent construction, combined with the tenant's investment-grade credit and the essential nature of its retail business, make this a compelling investment opportunity in a growing Maine economy experiencing significant clean energy investment. The offering memorandum provides complete lease details.