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, 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: $20 PSF (Annual)
Base Monthly Rent: $10,675
Lease Types: NNN
Last Updated: 6/29/2022

Overview / Comments

3,147 - 6,405± SF retail/professional space available for lease
Perfectly positioned between commercial and residential neighborhoods
Former Rite Aid location features excellent visibility at a lighted intersection
Double drive-thru lanes in place
Lease Rate: $20.00/sf NNN

Expand All Available Space

Suite: Retail/Office 6,405 SF $20 PSF (Annual) NNN
Level/Floor: 1
Space Available: 6,405 SF
Minimum Divisible: 3,147 SF
Lease Rate: $20 PSF (Annual)
$10,675 (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

Sasha Bogdanovics

The Boulos Company NECPE Member
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