351 Carl Broggi Hwy
Lebanon, ME 04027
Dollar General | 73k Trade Pop | High Traffi · Retail Property For Sale

Strong Average Household Income •The average household income within a three-mile radius of the Property is over $76,480 which is substantially higher than the national average. •In addition, the 5-Mile ($70,774) and 7-Mile ($68,336) are equally as impressive. The strong average household income is significant particularly with respect to the amount of expendable income available in the area. Strategic Location •The Dollar General is strategically located just 8-miles from the New Hampshire - Maine Border on US Route 202 (Carl Broggi Highway). In the immediate vicinity there is a United States Post Office, park and ride, and several local businesses. •Route 202 is a major North/South artery that begins in Delaware and ends in Bangor, Maine where it turns into Route 2, which leads to the Canadian border. It is a 280 Mile / 4.5 hour drive from the Property to the Canadian Border. •In Maine, Route 202 stretches for over 170 Miles. This Dollar General is one of only two Dollar General stores that are situated on Route 202. Denser Population for a Dollar General Location •There are over 34,000 residents in a 7-Mile radius of the Dollar General. The Dollar General is able to capture a larger potential customer base due to the fact that it is uniquely situated on Route 202 between the Cities of Rochester, New Hampshire and Sanford, Maine. Limited Competition •The Dollar General benefits from the limited trade competition in the area, further increasing the likelihood of a solid customer base. There are no other national discount stores within an approximately twenty-minute drive of the Property. New Construction Store with 15-Year Triple-Net Lease, Guaranteed by an Investment-Grade Tenant. •The Property is subject to a 15 year NNN lease with Dollar General, that has approximately 13.5 years remaining. •Dollar General a publicly traded company with an investment grade credit rating of “BBB” (S&P). •Other tenants with a “BBB” credit rating are FedEX, Walgreens, Kroger, AutoZone, and Delhaize (Stop & Shop, Food Lion, Hannaford)