Downtown Class A Office Space
Office
for Lease
Also listed as Retail-Commercial
| Catylist Listing ID: |
30538021 |
| Property Subtypes: |
Executive Suites, Office Building, Other
|
| Contiguous Space: |
2,472 - 28,181 SF |
| Total Available: |
38,471 SF |
| Building Size (RSF): |
195,000 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.59 Acres
|
| Lease Rate: |
$26 - 30 PSF (Annual)
|
| Base Monthly Rent: |
$5,356 - 26,966 |
| Lease Types: |
Modified Gross |
| In Opportunity Zone? |
Yes |
| Class of Space: |
Class A |
| Last Updated: |
3/28/2024 |
Overview / Comments
195,000 SF, high-profile, Class A office located in Downtown Portland
2,814 - 28,181 sf contiguous available
Impressive, newly renovated lobby and Class A finishes throughout
Easy access from I-295 via Franklin Arterial
Close proximity to Portland’s Old Port - walker's paradise with a walkability score of 99
Includes 1.3 parking spaces per 1,000 sf of leased space
Lease Rate: $26.00-30.00/SF MG (Includes HVAC - Tenant pays electricity)
|
| Level/Floor: |
Retail/Office Suite |
| Space Available: |
5,004 SF |
| Lease Rate: |
$30 PSF (Annual)
$12,510 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
First floor suite offering excellent visibility with direct plaza entrance and signage opportunity |
| Date Available: |
11/1/2021 |
| Space Type: |
New |
| Tax Expenses |
$1 PSF (Annual) |
| Level/Floor: |
2 |
| Space Available: |
2,472 SF |
| Max Contiguous: |
8,891 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$5,356 - 5,768 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
10/20/2022 |
| Space Type: |
New |
| Tax Expenses |
$1 PSF (Annual) |
| Level/Floor: |
2nd Floor West Tower |
| Space Available: |
2,814 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$6,097 - 6,566 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
12/3/2019 |
| Space Type: |
New |
| Tax Expenses |
$1 PSF (Annual) |
| Rent Concession |
Lease rate includes HVAC. Tenant responsible for electricity (lights and plugs) and janitorial. Increases over base year. |
| Level/Floor: |
4 |
| Space Available: |
11,557 SF |
| Minimum Divisible: |
4,000 SF |
| Max Contiguous: |
28,181 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$25,040 - 26,966 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
3/27/2020 |
| Space Type: |
New |
| Tax Expenses |
$1 PSF (Annual) |
| Level/Floor: |
5 |
| Space Available: |
16,624 SF |
| Max Contiguous: |
28,181 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$36,018 - 38,789 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
3/27/2020 |
| Space Type: |
New |
| Tax Expenses |
$1 PSF (Annual) |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Taxing Authority: |
City of Portland |
| Tax ID/APN: |
29-E-26 |
| Zoning: |
B-3 |
| Property Located Between: |
Corner of Middle Street and Franklin Arterial Street |
| Property Visibility: |
Excellent |
| Highway Access: |
I-295 and Maine Turnpike |
| Airports: |
Portland International Jetport |
| Site Description: |
Downtown Business District |
| Total Number of Buildings: |
1 |
| Number of Stories: |
7 |
| Year Built: |
1987 |
| Year Renovated: |
2017 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Two 7-story towers connected by a common atrium and lobby |
| Parking Type: |
Structure, Surface |
| Parking Description: |
1.3 spaces per 1,000 sf of leased space |
| Passenger Elevators: |
4 |
| Sprinklers: |
Wet |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Interior Description: |
Gas-fired, hot water heat; Central A/C |
| Zoning Description: |
Business District |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
21,747 |
69,975 |
111,394 |
| Median Age: |
33.9 |
37.62 |
39.18 |
| Households: |
11,375 |
33,025 |
50,199 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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