ESTABLISHED NORTHEAST LOCATION 803 N Main St 9,100 SF Retail Building Winterport, ME 04496 $1,825,683 CAD ($200.62 CAD/SF) 7.75% Cap Rate

WINTERPORT, ME
779 N Main Street features an established Dollar General store that was all new construction in 2017, consisting of approximately 9,100 SF sitting directly on Route 1A. This location is in an established market on the Penobscot River just 13 miles south of Bangor. There is strong daily traffic counts at 5,400 ADT on Route 1A which is a main travel route for surrounding communities. The lease features an original 15 year term which currently has 6.5 years remaining
and is ideally located directly on a +/- 1.49 acre parcel. The township is within Waldo County - with the nearest Dollar General 10.3 miles north in Hampden and 12 miles south in Searsport. This location will continue to pull from a large established trade area and provide residents and visitors to the 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.
The store benefits from excellent frontage, visibility, and convenient access for both local residents and regional travelers. Winterport is located on the Penobscot River in Waldo County and was settled in 1766. Winterport’s name stems from its history as being the last open and unfrozen inland harbor on the fast-flowing Penobscot River. The county’s coastal positioning led to an economy fueled by the marine industry, including dockage, boat repairs, tug services, shipbuilding, cargo handling and the harvesting of scallops, sardines, herring, and lobster. Today Waldo County is home to 40,600+ individuals. With diverse dining and lodging options, captivating historic districts, and an eclectic collection of art and shopping, Waldo County is hip and family friendly with an authentic New England feel. Attractions in the area include art and antique galleries, seasonal foliage, the Penobscot Marine Museum, and the Fort Point Lighthouse. Culinary fanatics can enjoy the colorful farmers markets, sweets shops, and wine tastings at Winterport Winery and Cellardoor Vineyards. Outdoor enthusiasts will be satisfied with the chance to try snowshoeing, kayaking, biking the Belfast Rail Trail, hiking the Acadia National Park, sailing in Penobscot Bay, or completing a round of golf at the Streamside Golf Course. The property is located directly on U.S. Route 1A connecting neighboring towns of Searsport, Northport, Stockton Springs, Belfast, and Bangor. Situated in a central location the property is minutes from the town post office, Leroy H Smith School, Winterport Winery and Winterport Marine. The property stands just 13 miles from Bangor, ME – 130 miles from Portland, ME – and 58 miles from Maine’s capital city Augusta. Winterport borders the town of Hampden which is part of Penobscot County, home to the largest metropolitan area north of Portland. It boasts the scenic beauty of its countryside with the urban amenities of county seat, Bangor. Bangor is the largest market town, distribution center, transportation hub and media center in a five-county area. Bangor plays host to a number of festivals and events having a wide ranges of venues, restaurants and shopping attractions. Bangor is home to more than 30,000 people as well as many new and well-established businesses. The city enjoys a thriving arts and cultural community, including the nation’s oldest community symphony orchestra, the region’s only professional theatre and many fine arts and historical museums – along with the largest children’s museum north of Boston. The Cross Insurance Center is the home of half of University of Maine Basketball home games. The center is a 5,800 seat multi purpose center that can hold up to 8,500 people for concerts and is directly across from the Hollywood Casino Bangor and Bangor harness racing track.