LANDMARK DESTINATION FOR SALE IN FEDERAL OPPORTUNITY ZONE
Shopping Center
for Sale
| Catylist Listing ID: |
30790462 |
| Property Subtypes: |
Mixed Use, Neighborhood Center, Power Center, Strip Center
|
| Building Size (RSF): |
62,068 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$9,250,000 |
| Unit Price: |
$149.03 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
8.3% |
| Last Updated: |
6/6/2023 |
Overview / Comments
Completely renovated in 2017, Clarks Pond is currently occupied by several national tenants such as Jenny Craig, Plato’s Closet, & Urban Air. Several local highly successful business such as CoCo Cheveux, Port City Nutrition and Verus Healthcare, Maine Warrior Gym & The Axe Pit have joined the center to populate the Clarks Pond Shopping area.
Located just off of I-95 and !-295 in Portland’s Maine Mall area makes it easily accessible and in close proximity to a strong labor force.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Tax ID/APN: |
0000 |
| Zoning: |
CCR |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,736 |
47,878 |
118,775 |
| Median Age: |
34.51 |
37.42 |
39.16 |
| Households: |
1,996 |
21,397 |
52,872 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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