481 Us Hwy 1, Pembroke, ME 04666

CAPITAL PACIFIC is pleased to present the opportunity to acquire an absolute NNN
Dollar General in Pembroke, Maine. This new construction build-to-suit asset has zero
landlord maintenance or expense obligations. Corporately guaranteed and leased to
Dollar General for a base term of 15 years plus options, the property is prominently
located along Route 1, which stretches from Maine to Florida. This store in Pembroke
will be the only Dollar General location in over a 45-minute drive and is reflective
of Dollar Generals highly successful strategy of targeting underserved rural markets,
providing a convenient location for consumers to purchase competitively priced
daily needs items. The demographics relative to Dollar Generals target customer are
excellent: nearly 6,000 people within a 10-mile radius with average household incomes
in excess of $50,000. Situated a few miles from the Canadian border, Pembroke is a
fishing community best known for the reversing falls where the water filling Dennys
and Whiting bays passes through the narrow channel between Mahar Point and Falls
Island, due to the areas unusually strong lunar tides.
DOLLAR GENERAL generated $25.6 billion in 2018 fiscal year sales and net income of
$1.6 billion. Dollar General currently operates over 15,000 stores in 44 states, making it the
countrys largest small-box discount retailer. The company has an S&P rating of BBB, which
has been raised five times since 2009, and is a better credit rating than its main competitors.
Dollar Generals stock is up 45% over the past 24 months.
See brochure for more information