225 Waterman Dr - Freestanding FOR SALE


South Portland, ME 04106
$1,250,000 USD
207-829-8305
225 Waterman Dr, South Portland, ME for Sale
$1,250,000 USD
Freestanding - FOR SALE
1/24
null | Request Cap Rate

225 Waterman Dr
South Portland, ME 04106


HIGHLIGHTS

  • Fully leased to credit tenants
  • Easy acess via I-295 and Maine Turnpike
  • On-site, paved parking

OVERVIEW

225 Waterman Drive is a 4,040± SF building situated on the corner of Waterman Drive and the Casco Bay Bridge, with great visibility to 15,466± cars per day. The property is fully leased and has two tenants, Mind Your Mouth Dental and Maine Cannabis Exchange aka Blossom. Both tenants are in the middle of 5-year terms and have multiple 5-year extensions. The property has a 20-car parking lot, a dedicated curb cut, and excellent visibility. FOR MORE INFORMATION, PLEASE COMPLETE, SIGN AND RETURN THE ATTACHED CONFIDENTIALITY AGREEMENT.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$313 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully-Leased Retail Investment Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

MCC

APN/PARCEL ID

SPOR-000018-000000-000009B

ASK ABOUT THIS PROPERTY

John FineganThe Boulos CompanyMore Info
207-829-8305

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John FineganThe Boulos CompanyMore Info
207-829-8305

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.