Tractor Supply Anchored Shopping Center

Shopping Center for Sale
Catylist Listing ID: 30864691
Property Subtypes: Neighborhood Center
Building Size (RSF): 82,505 SF
Gross Building Area: See Agent
Sale Price: $1,450,000
Unit Price: $17.57 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2024

Overview / Comments

Northern Plaza is a prime redevelopment opportunity, anchored by Tractor Supply. With a former grocery store, and former movie theater currently being used for boat & RV Storage we believe highest and best use may be self storage. Housing is also an opportunity amongst many more.

The property is in the shadow of Mt Katahdin at Baxter state park. We are in the middle of the retail trade area with nationals such as, McDonalds, Dunkin Donuts, Family Dollar, Dollar General, Subway and more. The local grocery store Hannaford is across the street.

The east Millinocket Paper mill is being redeveloped for trucking logistics and green energy.

Financials

Finance Data Year 2024
Real Estate Taxes - Annual($) $1 (Annual)

Additional Details

Nearest MSA: Bangor
County: Penobscot
Tax ID/APN: 000000000
Zoning: COMMERCIAL
Retail Clientele: General, Traveler, Tourist, Recreation
Property Visibility: Good
Largest Nearby Street: Central St
Feet of Frontage: 650
Highway Access: Direct access to Maine State Route 125, Indirect access to I-295
Airports: Millinocket Municipal Airport
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Fair
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 286
Sprinklers: Wet
Heat Type: Propane
Lot Frontage: 650

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,575 4,499 6,222
Median Age: 52.22 51.69 50.79
Households: 1,740 2,165 2,933

Contact

© Copyright 2001-2023 Moody's. All Rights Reserved. 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.