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170 Main St

South Berwick, ME

Features of 170 Main St

Total Size
1,800 sqft
Parking Ratio
3.1/1000
Elevator
1
Zoning
COMMERCIAL
Year Constructed
0
Year Renovated
0
Building Class
Gym
Onsite Parking
On Site Security

About 170 Main St

Current Property Income - $54,000 / year NNN from Aroma Joe’s & Subway (income does not include fuel operation) - 8 years left on both 10 year leases. - Contract revenue grows @ 2.5% Years 6-10. - Current cap rate nearly 12% (year one) (ROI over Term 11-13%. - With standard commercial loan, property. Could yield a 15% to 18%
return on equity. - Retail tenants generate income and collect Daily fuel revenue for ownership. - Fuel operation is currently revenue neutral. - Gas pumps and tanks can be removed from the property or actively
managed as gas/convenience operation added on to building. - Tenancy: Single Tenant

Internet Providers for 170 Main St

Provider Technology Max Download Speed Max Upload Speed
50 Mb/s: Comcast Cable
1 Gb/s
50 Mb/s
1.5 Mb/s: FairPoint Communications, Inc. DSL
25 Mb/s
1.5 Mb/s
1.5 Mb/s: Biddeford Internet Corporation DSL
25 Mb/s
1.5 Mb/s
1.5 Mb/s: Axiom Technologies DSL
25 Mb/s
1.5 Mb/s

The City: South Berwick

South Berwick
Median Rate
/sqft/yr

Median Rate over Time in South Berwick

[chart]