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20 Pineo Point Rd
Harrington, ME 04643

$1,290,400 USD

Storefront For Sale  •  9,002 SF

Property Details

  • Property Type Storefront
  • Total Building Size 9,002 SF
  • Lot Size 1.55 AC
  • Building Class C
  • Year Built 2017
0 Transit Score
0 Walk Score

Highlights

Large 1.55-acre parcel improved by 9,002 square foot Dollar General prototype (build-to-suit)
8+ years remain on original 15-year absolute-net lease with three, five-year options thereafter (10% increases each option)
No Landlord responsibilities - tenant is responsible for all real estate taxes, insurance, utilities and maintenance
The lease is guaranteed by investment grade credit (S&P: BBB/stable outlook) tenant Dollar General (NYSE: DG)
Dollar General boasted $37.88 billion in revenue in fiscal year 2023 (10.59% increase from 2022) - DG ranks #111 on Fortune 500’s May 2024 list
The offering is ideal for a buyer in a 1031 exchange seeking a management free asset that offers true passive income
Rich Sillery 202-777-2005 Monument Realty LLC
Rich Sillery 202-777-2005 Monument Realty LLC