Catylist ID:
#30705017
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 |
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 |
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