Catylist ID:
#30876914
| Catylist Listing ID: | 30876914 |
| Property Subtypes: | Mixed Use, Flex Space, Net Leased, Office Building, Other |
| Building Size (RSF): | 119,665 SF |
| Gross Land Area: | 5.60 - 41.20 Acres |
| Sale Price: | See Agent |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Class of Space: | Class A |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/3/2024 |
Overview / Comments
|
The Boulos Company is pleased to present an investment opportunity with value-add potential: a fully-leased office/industrial building located at 2 Delorme Drive in Yarmouth, Maine with nearly 30 acres of additional land (3 separate parcels that can be purchased in addition to this fully stabilized asset). - Modern lobby with Class A finishes that attract tenants and impress visitors. - Building includes the newly completed and highly regarded Magno Terra Cafe, as well as a large fitness center and training gym. - Anchored by tenant, Garmin (GRMN), a publicly traded company on the New York Stock Exchange. - Additional land parcels for purchase can be further developed to increase income and return for investors. |
Attachments & Media
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | Cumberland |
| Tax ID/APN: | 05260_035-002 |
| Zoning: | C - COMMERCIAL |
| Property Located Between: | Portland and Freeport |
| Property Visibility: | Excellent |
| Highway Access: | Situated immediately off Exit 17 on I-295, this Yarmouth property is highly visible and recognizable and about 10 minutes from downtown Portland. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Year Built: | 1997 |
| Roof Type: | Flat |
| Parking Type: | Surface |
| Parking Description: | On-site parking for 270+ vehicles |
| Passenger Elevators: | 1 |
| Sprinklers: | Wet |
| Heat Type: | Propane |
| Heat Source: | Central |
| Zoning Description: | C - Commercial: to provide general retail sales, services and business space within the Town of Yarmouth and oriented to automobile, bicycle, and pedestrian access. These shall be in compliance with the performance standards of this and all other applicable ordinances of the Town of Yarmouth. |
| In Flood Plain?: | Yes |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,824 | 9,621 | 23,615 |
| Median Age: | 37.31 | 46.09 | 45.24 |
| Households: | 870 | 4,054 | 9,456 |
Contact
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