442 US Route 1 - Freestanding FOR SALE


Scarborough, ME 04074
$5,000,000 USD
207-773-6000
442 US Route 1, Scarborough, ME for Sale
$5,000,000 USD
Freestanding - FOR SALE
1/5
null | 6.86% Cap Rate

442 US Route 1
Scarborough, ME 04074


HIGHLIGHTS

  • 100± parking spaces, loading dock & large pylon sign.
  • High visibility on US Route One with traffic counts of 24,840± cars/day.

OVERVIEW

SOUTHGATE RETAIL PLAZA 26,464± SF fully-leased retail plaza High visibility on US Route One with traffic counts of 24,840± cars/day Tenants include Tractor Supply Co., Elevate Athletics and Quality Floor Finishers Showroom 100± parking spaces & large pylon sign SALE PRICE: $5,000,000 2024 NOI: $343,225

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

6.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

5.6 AC

LAND SF

243,936 SF

ZONING

B3

APN/PARCEL ID

SCAR-000063R-000000-000003A

ASK ABOUT THIS PROPERTY

Mark MaloneMalone Commercial BrokersMore Info
207-773-6000

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Mark MaloneMalone Commercial BrokersMore Info
207-773-6000

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