Industrial Parkway Commercial
For Sale
Contact for pricing
4 Industrial Pkwy, Brunswick, ME 04011
12,250 SF commercial building in Growth Industrial District.
Property Size12,250 SF
Price / SF$138.37
Days on Market564
Property Features for 4 Industrial Pkwy
General Information
Standard status
Active
Size
12,250 SF
Class
B
Property subtype
Industrial, Office
Zoning
GI
Occupancy
50%
Lease Type
NNN
Net Operating Income
$31,448
Building Details
Year Built
1985
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Pouliot Real Estate
(207) 248-6044
Listed By:
Matt Pouliot · License #DB919578
Source:
Crexi
Added: Feb 12, 2025
Changed: Aug 23
Last Checked: Aug 28 at 9:29PM
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 Pouliot Real Estate
Investment Insights
Based on property information with market context.
Located in the Growth Industrial District on Industrial Parkway, this commercial building offers 12,250 square feet of space. The property is suitable for a business owner seeking a headquarters or an investor. The property is positioned in a growing market.
Key Highlights
- Located in the thriving Growth Industrial District.
- 12,250 SF commercial building.
- Offers flexibility and efficiency.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,389
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,567,780
$1.6M
Cap Rate 7%
$1,119,843
$1.1M
Cap Rate 9%
$870,989
$871.0K
Market Conditions
NOI Build-Up for 12,250 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$116.1K $9.48/SF
− Vacancy
−$4.1K −$0.34/SF
EGI
$112.0K $9.14/SF
− OpEx
−$33.6K −$2.74/SF
NOI
$78.4K $6.40/SF
Area
Cumberland County, ME
Vacancy
3.57%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,567,780
Cap Rate 7%
$1,119,843
Cap Rate 9%
$870,989
Alternative Uses
Best Use
Industrial
$1.12M
$979.9K – $1.31M
NOI $78,389 @ 7.0% cap · market cap 4.62%
Second Best
Flex RnD
$1.05M
$920.1K – $1.23M
NOI $73,605 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,685 @ 7.0% cap · market cap 13.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04011, ME
21,756
Population
9,440
Households
2.3
Avg Household Size
44
Median Age
52%
College-Educated
96%
High-School Grad
46.8 sq mi
ZIP Area
465
Density / Sq Mi
$74,102
Median Household Income
$40,075
Median Earnings
$1,341
Median Rent
$343,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 12,250 SF commercial building in Growth Industrial District.
Where is this flex space located?
The property is located at 4 Industrial Pkwy Brunswick, ME.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Located in the thriving Growth Industrial District.; 12,250 SF commercial building.; Offers flexibility and efficiency.
