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    500 Southborough Dr South Portland, ME 04106

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    For Lease
    $15 SF/Yr ($9,498 /Mo)

    7,599±SF Class A office space for sublease in South Portland.

    Property size:
    7,599 SF
    Lot size:
    8.30 Acres

    Property Features for 500 Southborough Dr

    General Information

    Size
    7,599 SF
    Lot size
    8.30 Acres

    Source: The Dunham Group Agent James D. Harnden

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Sublease Available

    Available for sublease is a 7,599±SF Class A office suite located at 500 Southborough Drive in South Portland, Maine. The property is situated within SouthBorough Office Park, characterized as one of Maine’s premier office parks. The buildings feature modern brick and glass facades, complemented by first-class interior finishes and maintained grounds. The property has recently renovated lobby entrances, landscaping, and restrooms. The location provides access to I-295 and the Maine Turnpike Exit 44. The Maine Mall and Jetport Area amenities, including hotels, restaurants, shops, and a golf course, are nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Auto Repair Shop Wholesale Shop Hair Salon Spa & Massage Dental Office Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3335387
    Latitude
    43.627713

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    FAQs

    What type of property is this?
    Office space - 7,599±SF Class A office space for sublease in South Portland.
    Where is this office space located?
    The property is located at 500 Southborough Dr South Portland, ME.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Class A office suite with **7,599±SF of space**.; - Located in SouthBorough Office Park, a premier office park in Maine.; - Immediate access to I-295 and Maine Turnpike Exit 44.
    (207) 773-7100
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    500 Southborough Dr South Portland, ME 04106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Southborough Dr South Portland, ME 04106
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