Leased Office Investment

Office for Sale
Catylist Listing ID: 30770197
Property Subtypes: Medical
Building Size (RSF): 10,038 SF
Gross Building Area: See Agent
Gross Land Area: 0.91 Acres
Sale Price: $1,800,000
Unit Price: $179.32 PSF
Property Use Type: Investment
Building Name: Fall Brook Professional Building
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/28/2022

Overview / Comments

-Leased 10,030± sf office building.

-Occupant's include St. Mary's Orthopedics (formerly New England Foot & Ankle) & Robert C. Andrews Esquire.

-Complete building renovation undertaken in 2017 with all new capital systems and tenant fit out.

-Fourteen (14) on-site parking spaces with abundant additional parking via deeded easement in Northgate Plaza parking area.

-Less than 2.5 miles to I-95 Exit 53.

-Property abuts and shares signalized access with the heavily traveled Northgate Shopping Plaza.

Additional Details

Nearest MSA: Portland-South Portland-Biddeford
County: Cumberland
Tax ID/APN: 375 C039
Zoning: RP
Site Description: Parking: Ample on-site paved parking. Has Sprinklers Const.Type: Brick/Masonry
Number of Stories: 2
Year Built: 1980
Construction/Siding: Brick, Stone
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,035 58,171 113,534
Median Age: 42.23 38.99 38.91
Households: 3,812 25,153 50,761


Photograph of Listing Agent

Anthony Struzziero

Porta & Company NECPE Member
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