363 Route 3 9,100 SF Retail Building China, ME 04358 $2,729,422 ($299.94/SF) 6.75% Cap Rate

CHINA, ME
363 Route 3 features an all new 2025 construction DG prototype building consisting of approximately 9,100 SF sitting directly on Route 3. This location is in an established market just 0.2 miles east south of China Lake and 11.5 miles from Augusta, the state capital of Maine. There is strong daily traffic counts at 9,100 ADT on Route 3. The lease features attractive 5% rent increases every 5 years throughout the lease. The property is ideally located directly on a +/-1.45 acre parcel one of the main connectors heading east and west (RT 3/US 202) connecting Augusta to Belfast and Maine’s midcoast communities. The township is within Kennebec County - 11.5 miles from Augusta, 14 miles from Waterville and 32 miles from Belfast. The nearest Dollar General is is 10.5 miles south in Windsor, 11.3 miles southwest in Augusta and 14 miles north in Waterville. This location will pull from a large established trade area and provide residents and visitors to the lake region a very convenient location allowing Dollar General to offer a wider variety of items including produce, meat and other foods allowing customers closer access to fresh and healthier foods at a convenient location with everyday low prices.