Build to Suit Retail Adjacent to Bangor BJ's & Target

Retail-Commercial for Lease
Catylist Listing ID: 30151880
Property Subtypes: Mixed Use, Restaurant, Vehicle Related, Other
Contiguous Space: 2,000 - 28,000 SF
Building Size (RSF): 28,000 SF
Gross Building Area: 134,000 SF
Gross Land Area: 11.82 Acres
Lease Rate: $10 - 17 PSF (Annual)
Base Monthly Rent: $23,333 - 39,666
Lease Types: Modified Gross, NNN
Building Name: BJ's
Usable Size (USF): 28,000 SF
Last Updated: 12/2/2021

Overview / Comments

28,000 +/- SF end cap space on the west end of the existing 134,000 +/- SF BJ's Property. Occupancy from 2,000 SF and up to 28,000 +/- SF would be permitted.

The space includes approximately 21,000 +/- SF of existing enclosed space plus an additional 7,000 +/- SF can be added on. This allows for many build-to-suit options for prospective tenants. Usable space includes the truck loading ramp at the rear of the property which could be brought to level elevation and used for parking or access., or used for shipping for a retail or warehouse/distribution space. Owner will discuss all options. Twenty (20) clear span ceiling height.

In addition a separate retail pad site of 3,500 SF is available in the parking lot area in front of site (see site plan / other listing).

Attachments & Media

Expand All Available Space

Suite: 1 28,000 SF $10 - 17 PSF (Annual) NNN,Modified Gross
Level/Floor: 1
Space Available: 28,000 SF
Minimum Divisible: 2,000 SF
Lease Rate: $10 - 17 PSF (Annual)
$23,333 - 39,666 (Monthly)
Lease Type: NNN,Modified Gross
Space Description: Build to Suit; cost negotiable.

Subject property is adjacent to BJ's & Target; both of these retailers are major traffic generators and easily accessible from local roads and I-95. The existing structure is an end cap to a BJ's. There is 21,000 sft open space existing, with potential to add another 8,000 sft. Clear span space with 20 foot clear height allows for multiple uses. Space also has three loading docks located behind a wall at the rear left side of the property. Makes space workable for warehouse/distribution/wholesale.

The existing structure has recently been rehabbed and has an excellent appearance. Because the subject area can include new construction, there is an opportunity for a build to suit.

There is space available for parking on both the front, side, and back of the structure, making the end-cap location easily divisible for both front and side access with convenient parking.

For a destination type tenant, the property is easily accessible in an easily accessible but un-congested area.

There is a major concentration of retailers and access roads in the area, which would be attractive to any retailers that are currently not represented in this location. Target and BJ's are adjacent.
Space Subcategory: Warehouse/Distribution, Office Showroom
Date Available: 8/1/2017
Space Type: New
Parking Spaces 40
Tax Expenses $1.38 PSF (Annual)

Additional Details

Nearest MSA: Bangor
County: Penobscot
Tax ID/APN: R69-001-N
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Target and BJs
Property Visibility: Excellent
Largest Nearby Street: Longview Drive
Feet of Frontage: 250
Highway Access: Access to I-95 is 1/2 mile away.
Airports: Bangor International Airport
Site Description: Site is flat and includes 134,000 +/- SF occupied by BJ's and an adjacent Target with CVS on the west side.
Area Description: BJ's and adjacent Target are strong retail customer generators. There is space for parking in addition to parking in front. BJ's complex is located at northern Maine's highest density retail shopping area. This location has the largest retail, restaurant, and hotel concentration in the Bangor area. The area also draws much of its clientele from the Canadian provinces. The University of Maine Orono campus has over 11,000 students within 5 miles of the site.1/2 Mile to access I-95.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1997
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Parking Description: Surface Parking Lot
Sprinklers: Wet
Lot Frontage: 200
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Target has access easement on west side.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,101 27,632 56,173
Median Age: 45.65 39.23 36.51
Households: 484 12,521 22,928


Photograph of Listing Agent

Tony Armstrong

SVN The Masiello Group
NECPE Member
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