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Dollar General 211 Center Rd 10,640 SF Retail Building Fairfield, ME 04937 $3,631,514 CAD ($341.31 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • NORTHEAST LOCATION JUST 0.1 MILES FROM I-95
  • 5% RENT BUMPS EVERY 5 YEARS
  • 5-MILE POP. 28,600+
  • NEW 2026 CONSTRUCTION
  • STRONG TRAFFIC @ 7,400 ADT

EXECUTIVE SUMMARY

211 Center Road features an all new 2026 construction DG prototype building consisting of approximately 10,640 SF sitting directly on Route 139. This location is directly across the street from the 24/7 Circle K truck stop featuring Irving Gas and Subway and is just 0.1 miles from Interstate 95 entrance and exit. There are strong daily traffic counts at 7,400 ADT on Center Road and 28,500 ADT on Interstate 95. The lease features attractive 5% rent increases every 5 years throughout the lease. The property is ideally located directly on one of the main connectors heading east and west (RT 139) connecting Fairfield and Interstate 95 to Maine’s Somerset/Kennebec County communities. The township is within Somerset County - 1.2 miles from Fairfield and 3.7 miles from Waterville. The nearest Dollar General is is 3.9 miles south in Waterville
(inline location) and 6.2 miles north in Clinton. This location will pull from a large established trade area and provide residents, travelers, truckers and visitors 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.
This 10,640 SF building sits on a +/- 1.45 acre parcel along Route 139, the main east–west corridor connecting Fairfield and Maine’s midcoast communities. The store benefits from excellent frontage, visibility, and convenient access for both local residents and regional travelers, located just 0.1 miles from Interstate 95 entrance and exit and adjacent to the 24/7 Circle K/Irving truck stop and scale station. Fairfield is located in Somerset County, the county seat of Skowhehgan, just 3.7 miles north of Waterville 24.3 miles north of Augusta, and 50.5 miles southwest of Bangor. The City of Waterville is located on the banks of the Kennebec River in Maine. Waterville is easily accessed by two exits off Interstate 95 as well as Route 201, a national, historic byway and part of the Kennebec-Chaudière Corridor. Waterville takes great pride in its downtown, with seven structures listed on the National Register of Historic Places. The downtown is home to many unique shops, one-of-a-kind eateries, and a well-attended Farmer’s Market with produce and products solely from local farmers and craft artisans. Within the City limits, you will find a unique mix of shops and restaurants, medical facilities, Thomas College, and Colby College, which is the 12th oldest liberal arts college in the United States with an enrollment of approximately 2,400 students. The College is just 6.6 miles from the property and provides a wide variety of programs and labs provides students and the community access to unique experiences: the Colby College Museum of Art, the finest college art museum in the country, and the Lunder Institute for American Art have made the College a nationally and internationally recognized center for art scholarship; DavisConnects prepares students for lifelong success by combining a forward-thinking liberal arts education with extensive internship, research, and global opportunities for all students regardless of their personal networks and financial circumstances; the 350,000-square-foot Harold Alfond Athletics and Recreation Center is the most advanced and comprehensive NCAA D-III facility in the country; and the 74,000-square-foot Gordon Center for Creative and Performing Arts, one of the most advanced and innovative performing arts, opened in 2023 with highly flexible, multipurpose performance areas and studios. The nearest Dollar General locations are an inline location 3.7 miles south in Waterville and 6.2 miles north in Clinton. With minimal overlap in coverage and convenience to residents, commuters, travelers and truckers, the Fairfield store is uniquely positioned to serve a broad trade area and meet the daily needs of both residents and visitors. For commuters, residents, and seasonal travelers along Route 139, this Dollar General stands as a highly convenient retail hub. With its strategic location, corporate-guaranteed lease, and regional customer draw, the property represents a rare opportunity to acquire a stable, investment-grade net-leased asset in central Maine.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
B
Year Built
2026
Price
$3,631,514 CAD
Price Per SF
$341.31 CAD
Cap Rate
6.50%
NOI
$236,048 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.45 AC
Zoning
RA - Commercial
  • Listing ID: 39099659

  • Date on Market: 2026-01-15

  • Last Updated:

  • Address: 211 Center Rd, Fairfield, ME 04937

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