Multi tenant Retail Center

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30402382
Property Subtypes: Community Center, Neighborhood Center, Net Leased, Strip Center
Status: Pending
Building Size (RSF): 24,150 SF
Gross Building Area: See Agent
Sale Price: $3,175,000
Unit Price: $131.47 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/14/2019

Overview / Comments

8% Cap Rate! - We are pleased to offer this 100% leased multi tenant retail shopping center at 1041 Brighton Ave in Portland, ME. Stable long term income presents a great opportunity for a investor seeking a strong asset in high growth area of Portland or possibly this is the perfect fit for your clients 1031 exchange. For further financial details please call Charles W. Day at 207-838-3335.

The seller is currently making some major capital improvements which will be completed prior to the sale, please contact broker for details.

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: 274-D-1
Zoning: MULTI USE COMMERCIAL
Lot Frontage: 999

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,503 68,898 124,290
Median Age: 40.08 37.9 38.81
Households: 3,603 30,865 55,013

Contact

Photograph of Listing Agent

Charles W. Day

Porta & Co.
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.