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Property profile & analytics
OFF-MARKET
Retail space

87 Access Hwy Limestone, ME 04750

9,167 SF 2 ac lot Built 2018
Property ID
US42-0808405
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a Dollar General convenience store in Limestone, Maine. The property boasts a 9,167 square foot building constructed in 2018 on a 2-acre lot. It's situated at 87 Access Hwy, 04750, and benefits from a 15-year absolute NNN lease with a corporate guarantee, providing zero landlord responsibilities. The lease, commencing October 17, 2018, and expiring October 31, 2033, has 9 years of firm term remaining, offering significant long-term stability. The lease includes 10% rent bumps at the start of each option period, providing a built-in hedge against inflation. The property currently enjoys 100% occupancy, generating a substantial net operating income (NOI) of $99,720, resulting in a 7.50% cap rate. The property's strategic location near the Loring Commerce Center and a 36-bed assisted living facility contributes to its strong performance and future growth potential. This is a single-tenant, single-story building representing a compelling investment in a nationally recognized, essential retail brand. Download the Offering Memorandum for complete lease details.

Property profile
Verified
Property type Retail space
Year built 2018
Total area 9,167 SF
Lot 2 ac (87,120 SF)
UPID US42-0808405
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dollar General Discount Store
  • FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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