Prime Route 1 Location
Retail-Commercial
for Lease
| Catylist Listing ID: |
30856137 |
| Property Subtypes: |
Street Retail
|
| Contiguous Space: |
800 - 1,600 SF |
| Total Available: |
800 SF |
| Gross Building Area: |
See Agent |
| Lease Rate: |
$15.25 PSF (Annual)
|
| Base Monthly Rent: |
$1,016 |
| Lease Types: |
NNN |
| Building Name: |
Clipper Center |
| Last Updated: |
4/22/2024 |
Overview / Comments
Welcome to an exceptional opportunity to lease a prime retail space in the prosperous town of Yarmouth! This rarely available commercial space in Clipper Center offers a strategic location, amenities, and an inviting storefront that is perfect for a wide range of retail businesses. Possible to combine with neighboring unit for 1600 sf total.
This retail space is situated on U.S. Route One, the busiest and most desirable retail corridor in the city. It benefits from heavy foot traffic, high visibility, and proximity to major transportation hubs. Plenty of parking available for your customers' convenience.
The interior boasts 800 square feet with open floor space, providing ample room for displaying products and accommodating customers comfortably. The layout is flexible, allowing you to customize it to suit your business needs. There is a bathroom and kitchenette/office in the back. Newer Rinnai heater. Air conditioner wall unit. NNN lease with current CAM of $4.64 psf.
|
| Level/Floor: |
1 |
| Space Available: |
800 SF |
| Max Contiguous: |
1,600 SF |
| Lease Rate: |
$15.25 PSF (Annual)
$1,016 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Open with a bathroom in the back. |
| Date Available: |
2/18/2024 |
| Space Type: |
Relet |
| Tax Expenses |
$29,310 PSF (Annual) |
| CAM Expenses |
$4.64 PSF (Annual) |
| Rent Escalators Description |
negotiable |
| Rent Concession |
negotiable |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Taxing Authority: |
Yarmouth |
| Tax ID/APN: |
05260_031-067 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
Family, Tourist, Recreation |
| Property Located Between: |
I-295 Exits15 and 17 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Portland St. |
| Feet of Frontage: |
590 |
| Highway Access: |
I-295 |
| Airports: |
Portland International Jetport |
| Site Description: |
Flat, open, easy access. |
| Area Description: |
On Route 1 and Beth Condon Pathway, often used by bikers and walkers. |
| Tenancy: |
Multiple Tenants |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1980 |
| Roof Type: |
Mansard |
| Construction/Siding: |
Steel Frame |
| Total Parking Spaces: |
70 |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Electricity, Natural Gas |
| Heat Source: |
Wall Units |
| Air Conditioning: |
Other |
| Internet Access: |
Cable |
| Lot Frontage: |
590 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,256 |
11,979 |
24,813 |
| Median Age: |
43.26 |
46.18 |
45.49 |
| Households: |
917 |
4,961 |
9,823 |
|
© Copyright 2024 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.
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