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May 23, 2016

A crossroads in Limington sees new development for Dollar General store

Courtesy / Dollar General Corp. The Dollar General Store in Limington will be the 15th chain location of the discount retailer in Maine since the company opened its first store in the state in March 2015.

The rural York County town of Limington is the site of a new Dollar General store, the 15th since the chain opened its first store in the state in March 2015.

“They’re digging now,” said Norman Hutchins, Limington’s code officer. “Anytime any business moves in, it gives the town more tax revenue and that offsets what private property owners have to pay. So that helps out in a way. And in any small community, when something comes in, it helps out. Whether it ‘makes it’ or not is another story, because it’s got to have volume.”

Construction started April 28, according to Dollar General spokeswoman Crystal Ghassemi. She said the company anticipates a mid-fall grand opening.

Dollar General (NYSE: DG), founded in 1939 and based in Goodlettsville, Tenn., has 12,000 stores in 43 states. In its most recent fiscal year, it had sales of $20.4 billion.

In Limington, the store will be situated on 1.6 acres at the corner of Routes 25 and 11. When running through town, Route 25 is called Ossipee Trail and Route 11 is called Sokokis Avenue. The Dollar General store will have an address of 491 Sokokis Ave.

The parcel is in the town’s commercial area, where a small supermarket called Sleeper’s and several independent businesses are located. A primary draw to Limington, a town of about 3,700 residents and less than an hour’s drive from Portland, is Brackett Orchards, a family-operated farm since the 1780s and thought to be the oldest family-owned and -operated orchard in Maine.

The 1.6 acres was personal property that was sold by Marilyn Kimball for $250,000 to Lisciotti Development of Leominster, Mass. It was part of a 9.6-acre parcel, including a leased industrial building that houses DIRFY Generators, and was originally listed through Portland-based Magnusson Balfour Commercial and Business Brokers.

“We had the whole parcel for sale, but Dollar General wanted just that piece,” said Magnusson Balfour broker Juliana Tonini, representing Kimball who is keeping the rest of the parcel for now.

The property is a build-to-suit and will be leased to Dollar General, according to Ghassemi.

“We partner with a number of developers across the 43 states we serve,” Ghassemi wrote in an email to Mainebiz. “We generally serve customers within a three- to five-mile radius, or 10-minute drive. We also take demographic trends, competitive factors, traffic patterns and community concerns into consideration.”

In general, the stores employ six to 10 people, she said.

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