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491 Sokokis Ave
Limington, ME 04049

Dollar General | 2016 Signalized Intersection · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2016
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
1.57 AC

About 491 Sokokis Ave , Limington, ME 04049

Strong Average Household Income •The average household income within a three-mile radius of the Property is over $71,883 which is almost 40% higher than the national average. In addition, the 5-Mile ($73,667) and 7-Mile ($72,982) are equally as impressive. The strong average household income is significant particularly with respect to the amount of expendable income available in the area. Strategically Located at Corner of Signalized Intersection •The Property is strategically situated at the corner of Ossipee Trail (ME Rt 25) and Sokokis Avenue (ME Rt 11), a signalized intersection. Ossipee Trail is a major east/west artery that runs from Portland, the most Populous City in Maine, and connects with ME Rt 16 which is a major North/South arteries that runs through central Maine. Similarly, Sokokis Ave connects several surrounding Towns such as Limerick and Newfield. Close Proximity to Businesses and Other Economic Drivers – One Town Over from Poland Spring Bottling Plant. •In close proximity to the Dollar General are local economic drivers such as Sleepers Market, Ace Hardware, Mainely Hair, Bartlett Trade Center, Valero, Limington Town Office, Limington-Harmon Airport. •The Property is also just 8 miles from the Poland Spring water Hollis, ME bottling plant (one of three Poland Spring plants). Limited Competition •The Dollar General benefits from the limited trade competition in the area, further increasing the likelihood of a solid customer base. There are no other national discount stores within an approximately eight-mile radius of the Property. New Construction Store with 15-Year Triple-Net Lease, Guaranteed by an Investment-Grade Tenant. •The Property is subject to a 15 year NNN lease with Dollar General, a publicly traded company with an investment grade credit rating of “BBB” (S&P). •Other tenants with a “BBB” credit rating are FedEX, Walgreens, Kroger, AutoZone, and Delhaize (Stop & Shop, Food Lion, Hannaford)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
LIMI-000014R-000018-000001
Land Assessment
£109,175
Improvements Assessment
£959,419
Total Assessment
£1,068,594
  • Listing ID: 10914566

  • Date on Market: 09/12/2017

  • Last Updated:

  • Address: 491 Sokokis Ave, Limington, ME 04049

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