6 Bangor Mall Blvd - Freestanding FOR SALE


Bangor, ME 04401
$11,730,000 USD
508-272-0585
6 Bangor Mall Blvd, Bangor, ME for Sale
$11,730,000 USD
Freestanding - FOR SALE
1/4
null | 7% Cap Rate

6 Bangor Mall Blvd
Bangor, ME 04401


OVERVIEW

Atlantic Capital Partners is pleased to exclusively offer for sale the two-tenant retail property in Bangor, ME located at 6 Bangor Mall Boulevard. The property is 100% leased to Bob’s Discount Furniture and Burlington Coat Factory on long-term net leases. The Offering features 63,288 square feet atop 6.8 acres and is positioned off exit 187 on I-95 (38,300 VPD), just steps away from the Bangor Mall (3.5M Annual Visits). The trade area is home to notable retailers including Dick’s Sporting Goods, Home Depot, Sam’s Club, Lowe’s, Walmart, and Target, among many others. Burlington is a relocation store within the submarket, demonstrating their long-term commitment to the trade area. Bob’s has been operating at this location since February 2022 on a 10-year lease. Burlington’s delivery date is May 1 and rent is expected to commence in October. The Offering provides investors the opportunity to capitalize on newly-executed, long-term net leases, providing stable and secure cash flow.

FOR SALE DETAILS

PRICE

$11,730,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

367

LAND DETAILS

LAND ACRES

6.9 AC

LAND SF

300,564 SF

ZONING

S&PS

APN/PARCEL ID

BANG-000061R-000000-000016-A000000

ASK ABOUT THIS PROPERTY

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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