• Rare opportunity to purchase an enclosed Mall with redevelopment potential and additional outparcels at substantially below replacement cost.
• Classic department store anchored Mall with J.C. Penney and other notable tenants including Books-A-Million, Bath & Body Works, Game Zone, Spencer's, and GNC to name a few.
• Tremendous redevelopment upside given pending vacancy of the other 60,000 sf anchor, currently occupied by TD Bank.
• The Auburn Mall is in the heart of the retail landscape for central Maine. Lewiston/Auburn is the second largest populated area in the state with approximately 314,373 people within a 25-mile radius and an average household income of $78,009.
• Larger retail tenants in the immediate area include Walmart, Target, Lowe’s, Home Depot, Kohl's, Hobby Lobby and Shaw’s.
• Tenants notably missing from the area include Costco, Market Basket, Hannaford, and Aldi's to name a few.
• The Auburn Mall is a well-maintained center ideally located to serve the communities of Lewiston and Auburn and the larger central Maine area.