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1022 Western Ave
Manchester, ME 04351

$1,456,000 USD

Storefront For Sale  •  9,100 SF

Property Details

  • Property Type Storefront
  • Total Building Size 9,026 SF
  • Lot Size 0.58 AC
  • Year Built 2017
  • Cap Rate 7.75 %
  • Tenancy Multiple
  • Zoning Commercial
0 Transit Score
30 Walk Score

Highlights

Single-tenant Dollar General with a corporate-backed absolute NNN lease — zero landlord maintenance or expense responsibilities
±6.5 years remaining in the initial 15-year term, expiring January 31, 2032
Three (3) five-year renewal options, each with 10% rent increases
Dollar General Corporation (NYSE: DG) — Fortune 500, investment-grade BBB rating (S&P), 21,000+ locations nationwide
Positioned along Western Avenue (U.S. Route 202), the primary retail corridor in the trade area
Strong daily traffic counts of ±18,496 vehicles per day (CoStar)

Property Flyers

Cap Rate: 7.75 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 38
Type: Surface
Included in Rent: Yes
Jack Navarra 415-274-2705 CP Partners CRE
Jack Navarra 415-274-2705 CP Partners CRE