Cardente Real Estate is pleased to offer for sale this prime retail investment located in the heart of Cooks Corner in Brunswick, Maine. The property consists of a three unit, 5,744 +/- square foot commercial building that is 100% leased to Starbucks, Subway, and Orange Leaf. Situated on 0.68 +/- acres, the premises offers a drive thru for Starbucks, outdoor seating, and 44 onsite parking spaces. 10 Gurnet Road is adjacent to the Cooks Corner Mall that is anchored by Sears, Staples, and TJ Maxx and is centrally located between countless national, regional, and local retail and quick service food operations. The current owners purchased 10 Gurnet Road in 2003 when it was occupied by Denny's Restaurant. In 2004, both the interior and exterior of the building and the grounds were completely renovated to provide occupancy for Starbucks, Subway and Cold Stone Creamery. Starbucks and Subway just extended their leases and Orange Leaf took over the Cold Stone Creamery space in 2013. This is an ideal property for all types of investors including 1031 Exchange candidates. Note that sale includes long-term ground lease in place. Ground lease is defined as an expense in the Pro Forma and was included when determining projected net operating income and Cap Rate. IN ORDER TO RECEIVE THE FULL MARKETING PACKAGE OR TO DISCUSS DETAILS, THE ATTACHED CONFIDENTIALITY AGREEMENT MUST BE SIGNED AND EMAILED OR FAX BACK TO BROKER. - Parking description: 44 onsite parking spaces with drive-thru and queuing for Starbucks. - Area description: Brunswick is the Retail Hub for Central Maine. - Number of buildings: 1 - Building condition: Excellent - Tenancy: Multiple Tenants
|50 Mb/s: Comcast|
|1.5 Mb/s: FairPoint Communications, Inc.|
|1.5 Mb/s: Axiom Technologies|
|1.5 Mb/s: Biddeford Internet Corporation|
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