0.85± Acre Parcel For Sublease

Vacant Land for Lease
Catylist Listing ID: 30576665
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 0.85 Acres
Lease Rate: $60,000 (Annual)
$1.62 PSF (Annual)
Base Monthly Rent: $5,000
Lease Types: NNN
Last Updated: 9/20/2021

Overview / Comments

0.85 acre parcel for ground lease located in Maine’s second largest city
Frontage on Sabattus Street
Traffic count 12,489 cars/day (MDOT)
Area businesses include CVS, Rite Aid, VIP, Angelo’s Pizzeria, Irving and St. Mary’s Regional Medical Center
Sublease Rate: $60,000/year NNN
Potential for build-to-suit commercial space at $30.00/sf NNN

Additional Details

Nearest MSA: Lewiston-Auburn
County: Androscoggin
Submarket Type: Central Business District
Tax ID/APN: Map 146, Lot 4/5
Zoning: CB
Property Located Between: VIP and Irving Station on Sabattus Street
Property Visibility: Excellent
Largest Nearby Street: Route 126
Traffic/Vehicle Count: 12,489
Highway Access: Maine Turnpike
Airports: Portland International Jetport
Site Description: Located on retail corridor of Sabattus Street
Area Description: Area retailers include Rite Aid, VIP, CVS, Irving, Express Lube, Getty and Androscoggin Bank among others.
Zoning Description: Community Business
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,995 49,204 60,410
Median Age: 34.2 36.95 38.43
Households: 6,679 20,858 25,534


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