Hartland, ME - Family Dollar

Description:

• The tenant recently extended their lease and has over 5 years remaining with 7 (5-year) option periods to extend, helping demonstrate long term commitment to the site
• Lease is corporate guaranteed by Family Dollar, LLC
• Family Dollar has scheduled rental increases throughout the initial term and option periods
• Features a 27% rental increase in April 2028, a 23% increase at the beginning of the first option, and 10% increases at the beginning of each option thereafter

• The Family Dollar benefits from easy access and strong visibility given its location along Elm street and their large pylon sign
• The property benefits from extremely limited competition in the surrounding area, as there are only two Family Dollar properties in a 10-mile radius
• Located nearby Hartland Grocery, which serves as a strong consumer draw to the area

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Listing ID: a28TP0000029WabYAE