Price Per SF
$611
Year Built
1968
Leasable Area
84,941 SF
Term Remaining
±1 YRS
NOI
$827,804
Property Type
Retail
INVESTMENT HIGHLIGHTS
- ATTRACTIVE TOURIST DESTINATION – Bar Harbor is one of the northeast’s most scenic and highly visited destinations, drawing over 4 million visitors annually, largely due to its proximity to Acadia National Park. This strong tourism market fuels consistent foot traffic, supporting retail success and driving demand for essential services, including grocer y and convenience retail tourist market that suppor t s steady foot traf f ic.
- EXCLUSIVE MARKET POSITION – The only grocery store in the area, ensuring limited competition and a dominant market presence. The nearest alternative is over 12 miles away, making this the go -to destination for a full-scale supermarket experience with a significantly wider selection of groceries.
- CONSISTENT, PASSIVE INCOME STREAM – The absolute NNN ground lease structure provides reliable, passive income with zero landlord responsibilities— ideal for hands- off investors.
- STRONG LOCAL DEMOGRAPHICS – The average household income within a 5-mile radius is $100.5K , reflecting a well-educated and financially stable community with strong purchasing power.
- ESTABLISHED, LONG -TERM TENANT – Hannaford has been a tenant since 1968 and has more than 25 years remaining on the lease, ensuring long-term occupancy and minimal turnover risk.
- ROBUST LEASE SECURIT Y – The lease is backed by Hannaford Bros Co., one of the largest grocers in the Northeast, providing strong financial stability and reliability.
Broker of Record
- Brian Brockman
- License No. AC 90603199 (ME)
- (866) 889-0550
- Bang Realty-New England, Inc.
- 11427 Reed Hartman Hwy Suite 236,
Cincinnati, OH 45241