Spaces For Lease

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Portland Retail Space For Lease $29.50/SF/Yr

Floor

1

Size

1,000 SF

Type

RETAIL

Lease Type

NNN

Availability

PENDING

- 1,000± SF of premiere retail space for lease on Free Street - Unit has large storefront... windows providing ample natural light throughout the space - Highly visible location, within walking distance of the Old Port and Waterfront - Join Nura, Sur Lie, Longfellow Books, Old Port Fitness, and others - Lease Rate: $29.50/SF NNN ($3,083 per month in base rent & NNN)

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Listing Agency: Porta & Company Show Phone

Listed By: Emmett L. Peoples · License #922193 Show Phone

Source: Moodyscre

Added: Mar 2 Changed: Aug 8 Last Checked: Aug 11 at 2:09PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porta & Company

Investment Insights

Based on property information with market context.

Premier retail space is available for lease on Free Street, offering approximately 1,000± square feet of sales floor. The unit features large storefront windows that bring natural light into the space.

The location is highly visible and within walking distance of the Old Port and Waterfront. The surrounding retail mix includes Nura, Sur Lie, Longfellow Books, Old Port Fitness, and other nearby businesses.

The suite is offered at a lease rate of $29.50/SF NNN, with base rent of approximately $3,083 per month plus NNN. This storefront configuration is well-suited for an operator seeking a bright, street-facing retail presence in a walkable waterfront area.

Key Highlights

• 1,000± SF premier retail space for lease on Free Street
• Large storefront windows for natural light throughout the suite
• Highly visible location within walking distance of the Old Port and Waterfront

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Tanning Salon Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

6,425

Businesses Nearby

210k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 54% Hotels & Casinos 13% Shops & Services 13% Dining 12%

Trader Joe's Groceries

68,293 visits/mo 0.4 miles

Whole Foods Market Groceries

44,366 visits/mo 0.4 miles

Hampton Inn Portland Downtown Waterfront Hotels & Casinos

14,714 visits/mo 0.4 miles

Circle K Shops & Services

12,170 visits/mo 0.5 miles

Chipotle Mexican Grill Dining

11,557 visits/mo 0.5 miles

Demographics for 04101, ME

18,109

Population

11,510

Households

1.6

Avg Household Size

36

Median Age

57%

College-Educated

93%

High-School Grad

2.0 sq mi

ZIP Area

9,055

Density / Sq Mi

$60,726

Median Household Income

$45,009

Median Earnings

$1,457

Median Rent

$600,600

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Premier retail suite for lease with large storefront windows and visibility near the Old Port and Waterfront.

Where is this retail space located?

The property is located at 1 Monument Way Portland, ME.

What is the lease rate?

The lease rate is $29.50 SF/Yr.

What are key features of this property?

This property features: 1,000± SF premier retail space for lease on Free Street; Large storefront windows for natural light throughout the suite; Highly visible location within walking distance of the Old Port and Waterfront