- For Sale $1,440,000
- Property Type Industrial
- Property Size 6,000 SF
- Lot Size 2.54 Acre
- Building Class C
- Year Built 2005
- Date Updated Feb 2, 2024
- LONG-TERM LEASES: There are ±10 years remaining on the base term of the leases, providing stability and security for investors.
- HIGH-YIELDING INVESTMENT: The property is being offered at a Year-1 in-place cap rate of 10.00%.
- ATTRACTIVE RENTAL INCREASES: $12,000 cumulative annual rental increase.
- NNN LEASES: Both leases are NNN.
- LARGE PARCEL: ±6,000 SF building sits on a ±2.54 AC parcel of land.
- STRONG RETAIL SYNERGY: The subject property is surrounded by national retailers such as F.W. Webb Company, Tractor Supply and Camping World.
- AFFLUENT AREA: The average household income within a 1-mile radius of the subject property is over $100,000.
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Contacts
Alexander Machado
Matthews Real Estate Investment Services
(305) 359-5207
Location
Getting Around
-
Bike Score ®
Somewhat Bikeable (12)
- City Windham, ME
- Neighborhood Topsham
- Zip Code 04062
- Market Portland ME
Points of Interest
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Brunswick
4.59 miles
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Gibbs
3.22 miles
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7-Eleven
4.39 miles
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Shell
4.47 miles
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Big Apple
4.50 miles
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Shell
4.86 miles
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Cumberland Farms
5.08 miles
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Citgo
6.68 miles
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Irving
9.27 miles
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Park and Ride Lot - Topsham Fair Mall
3.59 miles
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Parking for Bike/Walk Path
4.21 miles
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Faculty/Staff
4.55 miles
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Dirt Lot
4.82 miles
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East
6.73 miles
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north
6.74 miles
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west
6.81 miles
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Bath Savings Inst. parking Lot
6.88 miles
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Hannaford
3.40 miles
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Target
3.91 miles
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Tontine Mall
4.34 miles
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Tractor Supply Company
4.37 miles
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Merrymeeting Plaza
4.40 miles
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Shaw's
4.42 miles
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Hannaford
4.57 miles
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Walmart Supercenter
4.58 miles
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Big Lots
4.61 miles
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Cook's Corner Mall
4.64 miles
Contact Listing Broker
Alexander Machado
Matthews Real Estate Investment Services
(305) 359-5207
