Cabela's - Storefront Retail/Office FOR SALE


Scarborough, ME 04074
$40,950,000 USD
949-903-3399
Cabela's, Scarborough, ME for Sale
$40,950,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 6.35% Cap Rate

Cabela's
Scarborough, ME 04074


HIGHLIGHTS

  • Long Term 25 Yr. True NNN Corp. Lease by Cabela’s/Bass Pro Shops - 9+ Yrs. Left with Options
  • Best-in-Class National Brand - North America’s Premier Outdoor & Conservation Company
  • High-Profile Freeway Visibility along Interstate 95 (259K CPD) - Only Location in Entire State
  • Ranked 4th Busiest Store in U.S. (Placer AI 2025) - Strong Corporate Guarantee - 10% Bumps
  • Affluent ($139K HHI) Recreation Suburb of Portland - Surrounded by Outdoor Venues/Lakes/Ocean
  • Legacy Net Lease Opportunity - Destination Retail Experience - World’s Largest Boat/ATV Manufacturer

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer a rare opportunity to qualified investors to acquire the NNN-leased Cabela’s in Scarborough, ME. Cabela’s, which teamed up with Bass Pro Shops in 2017, operates 200 retail and marine centers and is America’s premier outdoor and conservation company. The long-term NNN lease has over 9 years remaining in the primary term, with over 16 years of successful operations at this location. With 10% rent increases every 5 years, minimal landlord responsibilities, and a corporate guarantee, this asset is ideal for an investor seeking passive cash flows. The 130,000 SF building on a 5-acre parcel prospers from excellent highway visibility from the Maine Turnpike (I-95), which sees over 259,700 VPD and is only 9 miles from downtown Portland, ME. The subject property is positioned near the recently developed Costco (Maine’s only Costco) and is within 2.8 miles from the state’s largest shopping mall, The Maine Mall (1.2 million-SF super regional mall). Other nearby retailers include Walmart Supercenter, Sam’s Club, Lowe’s Home Improvement, The Home Depot, Target, DICK’S Sporting Goods, Marshalls & HomeGoods, Burlington, HomeGoods, Hannaford Supermarkets, Tractor Supply Co., McDonald’s, Starbucks and more. This is an excellent opportunity to purchase a NNN-leased outdoors superstore in Maine with a corporate guarantee, strong rent increases, and minimal landlord duties, providing effortless income for years to come.

FOR SALE DETAILS

PRICE

$40,950,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best in Class NNN Asset- Generational Asset

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Freestanding, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

786

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

Commercial

APN/PARCEL ID

SCAR: M:R040 L:501 (Commercial Condo)

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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

Eric CarltonColliersMore Info
949-903-3399

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