Bates Mill #3 Complex, Lewiston
Office
for Sale
| Catylist Listing ID: |
30860516 |
| Property Subtypes: |
Business Park, Mixed Use, Office Building
|
| Building Size (RSF): |
169,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
3.57 Acres
|
| Sale Price: |
$1 |
| Unit Price: |
$0 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Building Name: |
Bates Mill #3 |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/27/2023 |
Overview / Comments
The Dunham Group is pleased to offer for sale the TD Bank building at the Bates Mill Complex in Lewiston, Maine. The Bates Mill Complex is an 11 building office park encompassing over 1 million square feet located in the heart of Lewiston’s downtown business district. Located at 140 Mill Street, the Property is a 169,000 square foot mill building that was redeveloped into office space, 100% NNN leased to TD Bank, N.A. TD’s lease offers cash flow backed by an institutional quality tenant with a stellar credit rating (S&P: AA-).
The Property is being offered as-is, and without an asking price.
|
Current Tenants
| Tenant Business Name |
TD Bank |
| Is Renting? |
Yes |
| SF of Space Occupied |
169,000 SF |
| Lease Expiration |
10/0025 |
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Androscoggin |
| Tax ID/APN: |
01050_208/000/055 |
| Zoning: |
MILL DISTRICT |
| Year Built: |
1870 |
| Year Renovated: |
2006 |
| Construction/Siding: |
Brick |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
18,914 |
46,552 |
59,530 |
| Median Age: |
32.91 |
36.65 |
38.35 |
| Households: |
8,492 |
19,844 |
25,186 |
|
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