Catylist ID:
#30865830
Fully Leased Medical Office Building For Sale Next to Hospital
Office
for Sale
| Catylist Listing ID: | 30865830 |
| Property Subtypes: | Business Park, High-Tech, Medical, Net Leased, Office Building, Other |
| Building Size (RSF): | 6,968 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $2,050,000 |
| Unit Price: | $294.20 PSF |
| Property Use Type: | Net Leased Investment (NNN) |
| Class of Space: | Class A |
| Sale Terms: | Cash to Seller, Build-to-Suit, Other |
| Cap Rate: | 7.14% |
| Average Occupancy Rate: | 100 |
| Last Updated: | 4/10/2024 |
Overview / Comments
|
Fully leased medical office building next to MaineGeneral Hospital for sale. Leased to Heartleaf ABA & Community Pharmacies, this property was recently gut-renovated and remains in meticulous condition. Brochure to be uploaded shortly. NOI is currently $146,448.16. 1.97± Acres. Heartleaf contains 10+ years of term. Community Pharmacies contains 5+ years of term. Both tenants signed new leases/renewals within past 3 months. Seller actively completing construction on Heartleaf. Please see broker for financials. |
Attachments & Media
Financials
| Finance Data Year | 2024 |
|---|---|
| Real Estate Taxes - Annual($) | $11,445 (Annual) |
Current Tenants
| Tenant Business Name | Community Pharmacies |
| Website URL | https://www.communityrx.com/ |
| Is Renting? | Yes |
| Tenant Business Name | Heartleaf ABA |
| Website URL | https://heartleafaba.com/ |
| Is Renting? | Yes |
Additional Details
| Nearest MSA: | Augusta-Waterville |
| County: | Kennebec |
| Tax ID/APN: | 11020_00001 00251 00000 |
| Zoning: | COMMERCIAL |
| Property Located Between: | Civic Center Drive & Commerce Drive |
| Property Visibility: | Excellent |
| Highway Access: | i-95 |
| Airports: | PWM; AUG; BGR |
| Site Description: | Centrally located for government and medical offices. |
| Area Description: | Located in the Capitol of the State of Maine. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 6,968 SF |
| Year Built: | 2006 |
| Year Renovated: | 2024 |
| Construction/Siding: | Stucco |
| Exterior Description: | Stucco with wood accents |
| Parking Type: | Surface |
| Parking Description: | Paved with 45± spaces. |
| Sprinklers: | Wet |
| Heat Type: | Electricity, Natural Gas |
| Heat Source: | Heat Pump |
| Internet Access: | Cable, Fiber Optic, Other |
| Zoning Description: | Commercial |
| Lot Frontage: | 1000' |
| Lot Depth: | 600' |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,252 | 9,790 | 21,195 |
| Median Age: | 44.14 | 42.28 | 44.07 |
| Households: | 547 | 4,610 | 9,732 |
Contact
Josh Soley, SIOR, CCIMMaine Realty AdvisorsNECPE Member |
| © 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. |
