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Investment Highlights

  • Dollar General Corp | NYSE: DG | S&P Rating: “BBB” Investment Grade
  • Conversion of former Rite Aid
  • Guilford is a Piscataquis County community with a captive customer base reliant on value-oriented retail
  • New long term net Lease with rent increases
  • To serve as the dominant general merchandise retailer with limited competition

Executive Summary

HMX Realty Advisors is pleased to exclusively offer for sale a brand new Dollar General located in Guilford, ME. This 11,000 sf building is a complete rehabilitation of a former Rite Aid, featuring a comprehensive renovation of the existing structure including a new roof, mechanical, and electrical systems, and sits on a 1.10 acre parcel of land. The store is scheduled to open in July 2026.
The property is located at the corner of Hudson Avenue and Main Street in the center of Guilford, a community in Piscataquis County along the Piscataquis River. The site benefits from a central downtown position with excellent visibility, and with the departure of the former Rite Aid, this Dollar General will serve as the primary convenience retail destination for the surrounding communities of Piscataquis County.
Guilford serves as a key service hub for the broader region and is home to two of Piscataquis County's largest employers — Puritan Medical Products and Duvaltex U.S. — providing a stable base of working residents who represent the core customer of Dollar General's value-oriented merchandise. Dollar General serves not only Guilford but the surrounding communities of Sangerville, Abbot, Cambridge and Parkman, all of which lack comparable retail options. The nearest Dollar General is approximately 13 miles away in Dexter, ME, underscoring the lack of competition and the captive nature of the trade area. This captive trade area dynamic is precisely the type of underserved market that Dollar General has strategically targeted throughout its national expansion, now operating over 20,000 stores across the United States. This fully renovated asset provides an essential retail option for the region.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
11,440 SF
Building Class
C
Year Built
2026
Price
$2,122,500
Price Per SF
$185.53
Cap Rate
6.50%
NOI
$137,967
Percent Leased
100%
Building Height
1 Story
Building FAR
0.21
Lot Size
1.25 AC

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Dollar General
  • Retailer
  • -
  • -
  • Double Net
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Dollar General Retailer - - Double Net -

Property Taxes

Property Taxes

Parcel Number
GUID-000011-000000-000088
Land Assessment
$25,100
Improvements Assessment
$1,244,000
Total Assessment
$1,269,100
  • Listing ID: 39804660

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: 3 Hudson Ave, Guilford, ME 04443

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