Freestanding Retail/Office 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, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Contiguous Space: 3,147 - 6,405 SF
Building Size (RSF): 12,658 SF
Gross Land Area: 1.55 SF
Lease Rate: $18 PSF (Annual)
Base Monthly Rent: $9,607
Lease Types: NNN
Last Updated: 12/6/2022

Overview / Comments

701 Forest Avenue is a beautifully upgraded, free-standing building just outside downtown Portland.

6,405 SF of retail or office space available with excellent visibility

Perfectly positioned between commercial and residential neighborhoods at lighted intersection

Exclusive access to overhead door and double drive-thru lanes

Large windows provide an abundance of natural light.

Opportunities for improvements include floor drains, outdoor seating, wrap-around windows, and more.

Attachments & Media

Expand All Available Space

Suite: Retail/Office 6,405 SF $18 PSF (Annual) NNN
Level/Floor: 1
Space Available: 6,405 SF
Minimum Divisible: 3,147 SF
Lease Rate: $18 PSF (Annual)
$9,607 (Monthly)
Lease Type: NNN
Space Description: Suite C: 3,147 SF
Suite D 3,258 SF
Total Available: 6,405 SF
Date Available: 2/5/2021
Space Type: New
Tax Expenses $1.77 PSF (Annual)
CAM Expenses $1.19 PSF (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Taxing Authority: City of Portland
Tax ID/APN: 05170_129 B003
Zoning: B-2
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: Portland International Jetport
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
Property Condition: Excellent
Year Built: 1998
Year Renovated: 2021
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 49
Parking Type: Surface
Parking Description: 49 total, includes 3 handicap
Heat Type: Natural Gas
Zoning Description: Community Business
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

Samantha Marinko

The Boulos Company NECPE Member
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