Catylist ID:
#30746162
| Catylist Listing ID: | 30746162 |
| Property Subtypes: | Free-Standing Building |
| Building Size (RSF): | 12,967 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 3.20 Acres |
| Sale Price: | $1,537,237 |
| Unit Price: | $118.55 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment |
| Building Name: | Single-Tenant Net Leased Property |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 8.0% |
| Last Updated: | 3/28/2024 |
Overview / Comments
|
12,967± SF freestanding retail building leased to Walgreens (NASDAQ: WBA) Leased through October 31, 2027 Features a drive-thru, excellent signage Located at a lighted intersection in the heart of Lincoln’s retail district Net Operating Income: $122,979 Sale Price: $1,537,237 (8% Cap) |
Attachments & Media
Additional Details
| Nearest MSA: | Bangor |
| County: | Penobscot |
| Submarket/Township: | ME-Other |
| Taxing Authority: | Town of Lincoln |
| Tax ID/APN: | 137-018-000-000 |
| Zoning: | COMMERCIAL ZONE 2 |
| Retail Clientele: | General, Family, Business, Traveler, Tourist |
| Property Located Between: | West Broadway and Main Street |
| Property Visibility: | Excellent |
| Feet of Frontage: | 499 |
| Traffic/Vehicle Count: | 14,420 |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 1998 |
| Roof Type: | Flat |
| Total Parking Spaces: | 50 |
| Parking Type: | Surface |
| Parking Description: | Paved on-site parking spaces |
| Sprinklers: | Other |
| Heat Type: | Propane |
| Zoning Description: | Commercial Zone 2 |
| Lot Frontage: | 499 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | 6334/217 |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 1,093 | 5,085 |
| Median Age: | 43.17 | 42.17 |
| Households: | 441 | 2,045 |
Contact
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