NNN retail building w/ excellent tenants!

Retail-Commercial for Sale
Catylist Listing ID: 30761717
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 8,605 SF
Gross Building Area: See Agent
Sale Price: $3,681,000
Unit Price: $427.77 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Chipolte
Sale Terms: Cash to Seller
Cap Rate: 5.5%
Average Occupancy Rate: 100
Last Updated: 12/6/2021

Overview / Comments

Built in 2017 this NNN retail building is in impeccable condition w/ excellent tenants & new long term leases.​
Tenants include: Chipolte, Great Clips, Firehouse Subs & New England Retailers.​

This building is an easy investment and perfect for a 1031 exchange or investor looking for a nice asset to add to their portfolio!

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $29,697 (Annual)

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Tax ID/APN: 9999999
Zoning: GB
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2017
Parking Description: 48 parking spaces
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Lot Frontage: 170
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,107 46,096 58,132
Median Age: 31.68 37.37 38.17
Households: 3,295 19,733 24,609

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