65 Falmouth St Rumford, ME 04276

This exceptional retail investment property in Rumford, Maine, offers a compelling opportunity. Priced at $1,132,573, it boasts a strong net operating income (NOI) of $84,943, representing a 7.50% cap rate. The property comprises 15,580 net rentable square feet across two buildings situated on a 1.32-acre lot. It's 100% occupied by two credit-rated, corporate-guaranteed tenants: Rent-A-Center and Aubuchon Hardware. Both tenants have demonstrated long-term commitment, occupying the space for over 20 years. Rent-A-Center's lease extends to June 2027, with a five-year option to 2032, including a 15% rent increase. Aubuchon Hardware's lease runs through December 2032, featuring five additional five-year renewal options with 2% annual rent increases. The property benefits from a newly paved parking lot (2019, $62,000 investment). This NN lease structure minimizes landlord responsibilities, providing a secure and stable income stream. The lease terms, coupled with the tenants' established presence and strong creditworthiness, present a low-risk, high-reward investment opportunity. The property is located at 65 Falmouth St, Rumford, ME 04276.