200 New County Rd - Freestanding FOR SALE


Thomaston, ME 04861
$4,950,769 USD
781-776-4003
200 New County Rd, Thomaston, ME for Sale
$4,950,769 USD
Freestanding - FOR SALE
1/7
null | 6.5% Cap Rate

200 New County Rd
Thomaston, ME 04861


HIGHLIGHTS

  • New Construction
  • Attractive Rent Increases
  • Investment Grade Anchor
  • Experienced Operators
  • Minimal Landlord Responsibilities
  • Strategic Retail Location

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the fee simple interest in the Starbucks Center located at 200 New County Road in Thomaston, Maine (the “Property”). The newly constructed four-tenant plaza is improved with Starbucks, Jersey Mike’s, AT&T, and Local Infusion and contains 7,800 square feet on a large 2.16-acre parcel. Starbucks has a new 10-year lease with four (4), 5-year renewal options, Jersey Mike’s has a 10-year lease with three (3), 5-year renewal options, AT&T has a 5-year lease with two (2), 5-year renewal options, and Local Infusion has a 10-year lease with one (1), 10-year renewal option. The Starbucks, Jersey Mike’s, and Local Infusion leases call for attractive rent increases throughout the primary lease terms and renewal option periods. The Starbucks Center is strategically located within Thomaston’s retail node along New County Road (US Highway 1), the area’s primary commercial and commuter corridor. The Property is situated at the signalized intersection of New County Road with Thomaston Commons Way and enjoys outstanding frontage and visibility with ample parking for customers. The Starbucks Center is shadow anchored by Lowe’s and is directly across the street from Walmart Supercenter and Tractor Supply Company. Thomaston is located along central Maine’s shoreline and is approximately 1-hour from Portland, Augusta and Bangor, Maine.

FOR SALE DETAILS

PRICE

$4,950,769 USD

PRICE/SF

$635 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

STGE-000207-000000-000053

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

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