4 and 8 Leavitt Drive

Office for Sale
Catylist Listing ID: 30106513
Property Subtypes: Business Park, Executive Suites, High-Tech, Institutional, Mixed Use, Flex Space, Net Leased, Office Building, Other
Building Size (RSF): 33,815 SF
Gross Building Area: See Agent
Gross Land Area: 12.09 Acres
Sale Price: $3,500,000
Unit Price: $103.50 PSF
Ceiling: 16 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Leavitt Drive
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2017

Overview / Comments

We are pleased to offer for sale 4 and 8 Leavitt Drive in Brunswick, Maine, located in the heart of Brunswick Landing. These two high-quality office buildings total 33,815± square feet and are situated on over 12 acres of land. The current owner has also explored options to develop another building on site. Amenities include new sprinkler system (8 Leavitt Drive), new heating system (8 Leavitt Drive), extensive interior renovations throughout both buildings, and abundant onsite parking. These properties are conveniently located just off of Cook’s Corner, in close proximity to I-295 and US Route 1.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: BRUN-000040-000000-000054
Zoning: BRU
Property Visibility: Good
Highway Access: Near Route 1 and I-295
Airports: Brunswick Executive Airport, Portland International Jetport
Site Description: Brunswick Landing: Maine’s Center for Innovation is a progressive and innovative business campus located at the former Naval Air Station Brunswick (NASB). The 3,200 acre property is equipped with state-of-the-art facilities, close to 2 million square feet of commercial and industrial space, and a world class aviation complex (Brunswick Executive Airport – BXM). It has become one of the nation’s most successful redevelopment projects, drawing world class companies and non-profits alike. Some of these names include Wayfair, Southern Maine Community College, Oxford Networks, Molnlycke Health Care, SaviLinx and Kestrel Aviation amongst many others.
Area Description: Brunswick is a town in Cumberland County in southeastern Maine. The population was 20,278 at the 2010 US Census. Part of the Portland-South Portland-Biddeford metropolitan area, Brunswick is home to Bowdoin College, the Bowdoin College Museum of Art, the Peary-MacMillan Arctic Museum, The Theater Project, and the Maine State Music Theatre. It is also home to Mid Coast Hospital, one of Maine's newest full-service hospitals. It was home to Brunswick Naval Air Station, which was permanently closed in 2011, and which is now Brunswick Landing.
Total Number of Buildings: 2
Number of Stories: 1
Roof Type: Flat
Construction/Siding: Brick, Concrete - Tilt up
Parking Type: Surface
Parking Description: Oversized, on-site parking area
Total Parking Spaces: 25
Sprinklers: Wet
Heat Type: Electricity, Natural Gas
Heat Source: Heat Pump, Other
Air Conditioning: Engineered System
Internet Access: Other
Interior Description: Extensive interior renovations throughout both buildings. 8 Leavitt Drive has new sprinkler system and new heating system.
Zoning Description: BRU
Part of Planned Development?: Yes
Lot Frontage: 489
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Legal Description: Cumberland County Registry of Deeds Book 31927 Page 8

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,352 15,267 31,848
Median Age: 33.16 39.73 42.54
Households: 491 6,299 13,811

Contact

Photograph of Listing Agent

Matthew Cardente

Cardente Real Estate NECPE Member
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