1030 Me-9
Eddington, ME 04428
Dollar General | Bangor MSA · Retail Property For Sale

Capital Pacific is pleased to present the opportunity to acquire an absolute NNN Dollar General in Eddington, Maine. Located less than 10 miles from downtown Bangor (Maine’s 3rd largest city), and less than 20 miles from the University of Maine’s flagship campus in Orono, this new construction build-to-suit asset has zero landlord maintenance or expense obligations. Corporately guaranteed and leased to Dollar General for a base term of 15 years plus options, the property is well located along Main Road adjacent to the Eddington Post Office. This strategic location reflects Dollar General’s successful track record of targeting underserved rural markets within larger MSA’s, providing a convenient location for consumers to purchase competitively priced daily needs items. Dollar General generated $25.6 billion in 2018 fiscal year sales and net income of $1.6 billion. Dollar General currently operates over 15,000 stores in 44 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors. Dollar General’s stock is up 45% over the past 24 months.