351 Carl Broggi Hwy | Lebanon, ME 04027
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351 Carl Broggi Hwy
Lebanon, ME 04027
Dollar General · Retail Property For Sale
Investment Highlights
- 10+ years remain on original 15-year absolute-net lease with four, five-year options thereafter
- The lease is corporately guaranteed by investment grade credit (S&P: BBB/stable outlook) tenant Dollar General (NYSE: DG)
- Average household income of $84,074 within a two-mile radius of the property
- 10% rental increases each option period
- US Route 202 stretches 170+ miles in Maine; this is one of only two Dollar Generals along that stretch
- $912M in total consumer spending for households within a 10-mile radius of the property
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.03 AC
Zoning
RA
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