Freestanding Building with Drive-Thru

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30705017
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Contiguous Space: 3,106 - 12,658 SF
Building Size (RSF): 12,658 SF
Gross Land Area: 1.55 SF
Lease Rate: $16 - 20 PSF (Annual)
Base Monthly Rent: $4,141 - 5,176
Lease Types: NNN
Last Updated: 1/10/2022

Overview / Comments

Retail/professional space available from 3,106 - 12,658 SF.

Perfectly positioned between commercial and residential neighborhoods.

Former Rite Aid location features excellent visibility at a lighted intersection.

Drive through opportunity ideal for financial institutions.

Many upgrades planned for the building including new windows and landscaping.

Lease Rate: $16.00 - $20.00/sf NNN

Expand All 4 Spaces Available

Suite: Unit 1 3,106 SF $16 - 20 PSF (Annual) NNN
Suite: Unit 2 3,147 SF $16 - 20 PSF (Annual) NNN
Suite: Unit 3 3,147 SF $16 - 20 PSF (Annual) NNN
Suite: Unit 4 3,258 SF $16 - 20 PSF (Annual) NNN

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 05170_129 B003
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Forest Avenue
Feet of Frontage: 365
Traffic/Vehicle Count: 19,570
Highway Access: I-295 & I-95
Airports: PWM
Area Description: 701 Forest Avenue is located in a highly visible location just outside downtown Portland.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1998
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 49
Parking Type: Surface
Parking Description: 49 total, includes 3 handicap
Lot Frontage: 365
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,029 82,627 125,049
Median Age: 38.58 37.43 39.19
Households: 7,080 38,285 55,710


Photograph of Listing Agent

Sasha Bogdanovics

The Boulos Company NECPE Member
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