Van Buren, ME 04785

Dollar General

Property Address

21 Main Street, Van Buren, ME, USA

Offering Summary

  • Price: $1,096,774
  • Lot Size: 1.5 Acres
  • Cap Rate: 7.75%
  • Year Built: 1998
  • Building SF: 11,180
  • Status: In Escrow
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  • New 10-Year Lease Term with Dollar General
  • 15-Year Roof Warranty in Place
  • 5% Rental Increases Every 5 Years
  • Signalized Hard Corner Location at the Intersection of Main Street and State Street
  • Serves the Nearby Canadian Community of Saint Leonard
  • Adjacent to the United States/Canada Border - 1/2 Mile from the Saint Leonard-Van Buren Bridge
  • Average Household Income Exceeds $53K in Immediate Area
  • Easily Accessible via State Highway 1 (Major Connector for Eastern Maine) and Trans- Canada Highway 2 (Major Connector for Western New Brunswick)
  • Down the Road from Van Buren District Elementary/Secondary School (300+ Students)

Broker Information