Ground Lease For Redevelopment

Retail-Commercial for Lease
Also listed as Office, Vacant Land
Catylist Listing ID: 30648625
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Other
Contiguous Space: 1,500 SF
Building Size (RSF): 1,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.50 Acres
Lease Rate: $60,000 (Annual)
$40 PSF (Annual)
Base Monthly Rent: $5,000
Lease Types: NNN
Ceiling: 16 ft.
Building Name: Frederick Bros
Last Updated: 1/10/2022

Overview / Comments

Ground lease for redevelopment or utilize the existing freestanding, 1,500 sf retail/office building located on a highly-visible retail corridor of U.S. Route 1 in Scarborough.

1,500 SF retail/office building on a 0.5 acre
Located on U.S. Route 1 with direct access to the I-295 Connector for I-95
Close proximity to MaineHealth's Scarborough campus and Scarborough Town Center
Great visibility with traffic counts of over 27,795 cars/day
Lease Rate: $60,000/yr. NNN

Attachments & Media

Expand All Available Space

Suite: Entire Building 1,500 SF $60,000 (Annual) NNN
Level/Floor: 1
Space Available: 1,500 SF
Lease Rate: $60,000 (Annual)
$40 PSF (Annual)
$5,000 (Monthly)
Lease Type: NNN
Date Available: 9/10/2020
Space Type: Relet
Tax Expenses $1 PSF (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05200_U045018
Zoning: TVC
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Adjacent to Sherwin Williams
Property Visibility: Excellent
Largest Nearby Street: I-295/I-95 Connector
Traffic/Vehicle Count: 27,795
Highway Access: I-295 and Maine Turnpike
Airports: Portland International Jetport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,500 SF
Property Condition: Good
Roof Type: Gable
Construction/Siding: Block, Vinyl Siding
Parking Type: Surface
Parking Description: On-site parking
Heat Type: Natural Gas
Zoning Description: Town & Village Centers
Water Service: Municipal
Sewer Type: Septic

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,621 18,841 87,807
Median Age: 41.67 44.25 39.5
Households: 1,085 7,971 39,186


Photograph of Listing Agent

Sasha Bogdanovics

The Boulos Company NECPE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.