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High-Bay Manufacturing/Distribution Warehouse Space
For Lease
$7.95 SF/Yr

90 Spencer Drive, Wells, ME 04090

243,346± SF high-bay warehouse space near Maine Turnpike.

Space Size243,346 SF
Property Size400,087 SF
Days on Market295

Property Features for 90 Spencer Drive

General Information

Standard status Active
Size 243,346 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 400,087 SF
Year Built 1981

Spaces For Lease

at 90 Spencer Drive Contact us

A, B, C $7.95/SF/Yr

Size
243,346 SF
Type
Warehouse/Distribution
Term
Negotiable
Contact us
Listed By: Jon Rizzo, SIOR
Source: Boulos
Added: Nov 23, 2025 Changed: Sep 6 Last Checked: Sep 14 at 8:35AM

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 Jon Rizzo, SIOR

Investment Insights

Based on property information with market context.

Available for lease is a 243,346± square foot high-bay manufacturing and distribution warehouse space. The property features ceiling heights up to 40 feet. Subdivision of the space is a potential option. The property is located approximately one-half mile from Exit 19 on the Maine Turnpike (I-95) in Wells, Maine. Velux America is a co-tenant at this location.

Key Highlights

  • 243,346± SF of high‑bay manufacturing/distribution warehouse space
  • Location: ½ mile to Wells Exit 19 on the Maine Turnpike (I‑95)
  • Ceiling height up to 40’

Property Analytics

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Current Use

Village Candle Home Decor Store EIMSKIP Big Box & Wholesale Store

Suggested Use

Top Pick Auto Parts Store Garden Center Hair Salon Big Box & Wholesale Store Carpet & Flooring Store Nail Salon

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
$1.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 04090, ME

11,314
Population
9,590
Households
1.2
Avg Household Size
53
Median Age
38%
College-Educated
92%
High-School Grad
57.7 sq mi
ZIP Area
196
Density / Sq Mi
$83,900
Median Household Income
$47,928
Median Earnings
$1,313
Median Rent
$445,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - 243,346± SF high-bay warehouse space near Maine Turnpike.
Where is this manufacturing property located?
The property is located at 90 Spencer Drive Wells, ME.
What is the lease rate?
The lease rate is $7.95 SF/Yr.
What are key features of this property?
This property features: 243,346± SF of high‑bay manufacturing/distribution warehouse space; Location: ½ mile to Wells Exit 19 on the Maine Turnpike (I‑95); Ceiling height up to 40’
More about this property
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