Walgreens -Single Tenant Net Lease Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30857702
Property Subtypes: Free-Standing Building
Building Size (RSF): 14,673 SF
Gross Building Area: See Agent
Sale Price: See Agent
In Opportunity Zone? Yes
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/8/2024

Overview / Comments

This landmark property is a14,673 S.F. freestanding retail building
along one of the busiest streets in Waterville. Occupied by Walgreens Pharmacy,
this is an outstanding real estate investment for the buyer looking for a single net
lease investment in the market north of Portland. Located in close proximity to Colby
College and Thomas College, this area has been undergoing a major regentrification
of Waterville's downtown sector. This location benefits from the foot traffic not
only from downtown but also from the brand new Colby College 200 Student/
Faculty residences a short walk from the property. Generates traffic from Waterville
as well as Oakland, Fairfield, and surrounding communities

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: 11240_048-328-000
Zoning: COMMERCIAL I-A
Retail Clientele: General, Family, Business, Tourist, Recreation, Other
Lot Frontage: 1.41 Acres

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,036 25,835 31,489
Median Age: 38.8 40.23 40.73
Households: 4,542 10,727 13,044

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