Contacts
Jonathan Rizzo
The Boulos Company
Property Details
- Property Type Industrial - Flex - Industrial
- Property Size 34,421 SF
- Units 1
- Lot Size 2.07 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 1944
- Date Updated Sep 19, 2024
- Fire Sprinklers Other
- HVAC Other
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Highlights
- Fully Leased Asset: Sea Bags, LLC will be entering into a long-term, NNN lease with new ownership. Suggested lease rate of $9.50/SF.
- Prime Location: Located in a sought-after industrial park in South Portland, with easy access to both I-295 and I-95.
- Functional Building Features: While currently 100% leased to a single tenant, the building was previously operated as a multi-tenanted building and lends itself to potential future subdivision.
- Long-Term Stability: Ten-year lease term to commence immediately upon the sale of the asset.
- Strong Market Fundamentals: The industrial sector in Greater Portland has seen a tightening in vacancy rates over the last 5 years. Vacancy rates are currently hovering around 1%.
- This property is being offered at an asking price of: $4,600,000.
Attachments
Getting around
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Location
- City South Portland, ME
- Neighborhood Cash Corner
- Zip Code 04106
- Market Portland ME
Points of Interest
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Portland
2.04 miles
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Mobil
0.93 miles
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Irving
0.95 miles
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Citgo
1.63 miles
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Cumberland Farms
2.12 miles
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7-Eleven
2.21 miles
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Fabian
2.47 miles
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Tesla Supercharger
2.93 miles
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ChargePoint
8.59 miles
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Crystal Clean Car Wash
1.60 miles
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Enterprise
2.69 miles
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U Car Share
3.06 miles
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Portland's Ultimate Car Wash
3.53 miles
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Classy Chassie Car Wash
4.29 miles
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Scrub-a-Dub Auto Wash Centers
4.39 miles
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Dairy Queen
0.43 miles
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China Xpress
0.55 miles
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Docks Seafood
0.59 miles
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Amato's
0.62 miles
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Domino's
0.65 miles
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Coppersmith Tavern and Table
0.90 miles
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Guerrero Maya Mexican Restaurant
1.41 miles
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Willow's Pizza
1.49 miles
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Elevation Burger
1.61 miles
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Buffalo Wild Wings
1.65 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Jonathan Rizzo
The Boulos Company