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: |
2,814 - 33,037 SF |
| Total Available: |
52,720 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: |
$6,097 - 38,297 |
| Lease Types: |
Modified Gross |
| In Opportunity Zone? |
Yes |
| Class of Space: |
Class A |
| Last Updated: |
5/12/2023 |
Overview / Comments
195,000 SF, high-profile, Class A office located in Downtown Portland
2,814 - 33,037± 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: |
Relet |
| Tax Expenses |
$1 PSF (Annual) |
| Level/Floor: |
2 |
| Space Available: |
3,150 SF |
| Max Contiguous: |
11,865 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$6,825 - 7,350 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
10/20/2022 |
| Space Type: |
Relet |
| Tax Expenses |
$1 PSF (Annual) |
| Level/Floor: |
2 |
| Space Available: |
5,159 SF |
| Max Contiguous: |
11,865 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$11,177 - 12,037 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
10/20/2022 |
| Space Type: |
Relet |
| Tax Expenses |
$1 PSF (Annual) |
| Level/Floor: |
2 |
| Space Available: |
3,556 SF |
| Max Contiguous: |
11,865 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$7,704 - 8,297 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
10/20/2022 |
| Space Type: |
Relet |
| 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: |
Relet |
| 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: |
16,413 SF |
| Minimum Divisible: |
4,500 SF |
| Max Contiguous: |
33,037 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$35,561 - 38,297 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
3/27/2020 |
| Space Type: |
Relet |
| Tax Expenses |
$1 PSF (Annual) |
| Level/Floor: |
5 |
| Space Available: |
16,624 SF |
| Max Contiguous: |
33,037 SF |
| Lease Rate: |
$26 - 28 PSF (Annual)
$36,018 - 38,789 (Monthly)
|
| Lease Type: |
Modified Gross |
| Date Available: |
3/27/2020 |
| Space Type: |
Relet |
| 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 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
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.
|
