Family Dollar - Hartland, ME

Investment Grade Credit Tenant: Family Dollar holds a BBB rating from S&P, signifying investment-grade credit and reliable payment stability for investors.

Limited On-Market Competition: With over 1,000 dollar stores on the market, no Family Dollar locations and only four Dollar Generals are for sale in Maine, making the asset uniquely scarce.

Limited Local Competition: Family Dollar is the only nationally owned general store in the region, with its nearest competitor, Dollar General, over 10 miles away.

Recreational Hub: Family Dollar is next to the Irving Tanning Community Center, a hub for local events, and near the town hall, Christian school, and church, all generating significant foot traffic.

Build-To-Suit: Built-to-suit for the tenant in 2014, the property was fully customized to their specific requirements.

Recent 5-Year Extension: The lease was extended in 2023, reflecting the tenant's commitment and success at the location.

Significant Increase in Option: Rent increases by 56% in the 2028 option period, offering a significant income boost on renewal.