Hutchins Commons
Retail-Commercial
for Lease
| Catylist Listing ID: |
30876631 |
| Property Subtypes: |
Street Retail
|
| Building Status: |
Under Construction |
| Contiguous Space: |
712 - 2,848 SF |
| Total Available: |
3,629 SF |
| Gross Building Area: |
3,629 SF |
| Lease Rate: |
$3,500 - 4,000 (Monthly)
$14.75 - 61.46 PSF (Annual)
|
| Lease Types: |
Modified Gross |
| Building Name: |
Hutchins Commons |
| Last Updated: |
9/16/2024 |
Overview / Comments
|
Five retail shops in the heart of Ogunquit, Maine that are currently under construction for delivery in first quarter of 2025. The front space is 781+/- square feet directly fronting on US Route 1, and is priced at $4,000 monthly Year 1, with annual increases thereafter. The remaining four spaces are each 712+/- square feet and directly front on the large parking lot adjacent to the building. Two free parking spaces are included with each retail space. In addition to the rent, tenants pay their separately metered water and electric bills.
|
|
Suite: 1
|
781 SF
|
$4,000 (Monthly)
Modified Gross
|
| Level/Floor: |
781 |
| Space Available: |
781 SF |
| Lease Rate: |
$4,000 (Monthly)
$61.46 PSF (Annual)
|
| Lease Type: |
Modified Gross |
| Space Description: |
Five shops, one sized 781+/- square feet and four at 712+/- square feet. Park-at-the door convenience. |
| Space Subcategory: |
Fashion/Specialty, Strip Center |
| Date Available: |
1/1/2025 |
| Space Type: |
New |
| Tax Expenses |
$7,563 PSF (Annual) |
| Rent Escalators Description |
Annual |
| Level/Floor: |
1 |
| Space Available: |
2,848 SF |
| Minimum Divisible: |
712 SF |
| Lease Rate: |
$3,500 (Monthly)
$14.75 PSF (Annual)
|
| Lease Type: |
Modified Gross |
| Space Description: |
Four separate shops, each 712+/- square feet |
| Space Subcategory: |
Neighborhood Center, Strip Center |
| Date Available: |
1/1/2025 |
| Space Type: |
New |
| Tax Expenses |
$7,563 PSF (Annual) |
| Rent Escalators Description |
Annual |
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
York |
| Taxing Authority: |
Ogunquit |
| Tax ID/APN: |
006-022-023 |
| Zoning: |
GBD1 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Located Between: |
Shore Road and Obed's Lane |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
US Route 1 (Main Street) |
| Highway Access: |
Short drive from Boston, Portsmouth, southern Maine and points south via the Maine Turnpike |
| Airports: |
Portland International Jetport, Boston Logan Airport |
| Site Description: |
Highly visible location on Main Street in the heart of a steady stream of traffic in town to visit quality restaurants, high-end shops, lovely accommodations, the long white sand beach and scenic Perkins Cove. Truly a gem of a location for high-quality retailers |
| Area Description: |
Ogunquit Village is a world renowned quintessential quaint seaside village with thriving activity |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Excellent |
| Year Built: |
2024 |
| Roof Type: |
Other |
| Construction/Siding: |
Wood Shingle |
| Parking Type: |
Surface |
| Parking Description: |
Parking lot for short-term or overnight parking located at the door to the retail shops provided by a private owner |
| Heat Type: |
Electricity, Other |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Other |
| Internet Access: |
Cable |
| Interior Description: |
Space will be completed to a vanilla box - contact broker for details |
| Zoning Description: |
Zoning supports a thriving village center |
| Lot Frontage: |
300 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
892 |
2,626 |
9,394 |
| Median Age: |
61.53 |
57.01 |
50.82 |
| Households: |
498 |
1,313 |
4,232 |
|
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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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