For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

481 Us-1 Pembroke, ME

For Sale
$1,294,000

Single-tenant retail property with corporate guaranty and stable income.

Property size:
9,100 SF
Lot size:
3.28 Acres

Property Features for 481 Us-1

General Information

Size
9,100 SF
Lot size
3.28 Acres

Source: SVN The Masiello Group Agent Douglas M. Erickson, CCIM

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


Overview

Single-Tenant Retail Investment Opportunity

This is a single-tenant retail property constructed in 2016. The 9,100 square foot building is positioned on a 2.10-acre lot with over 360 feet of frontage on U.S. Route One. The property is operating under a 15-year NNN lease with approximately six years remaining. The lease includes three five-year renewal options, each with 10% rent escalations. The location is in a trade area with a population of over 11,000 and a median family income of $71,181. The property generates an annual net operating income of $103,584, with an 8.00% cap rate.
Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Restaurant Auto Repair Shop Nail Salon Kitchen & Bath Daycare Center Convenience Store Tailor Shop Plumbing Service

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

Location Insight

  • Map
  • Local Demand
City
Pembroke
County
Washington
State
Maine
Longitude
-67.1619444
Latitude
44.9536111

FAQs

What type of property is this?
Storefront property - Single-tenant retail property with corporate guaranty and stable income.
Where is this storefront property located?
The property is located at 481 Us-1 Pembroke, ME.
What is the asking price?
The asking price for this property is $1,294,000.
What are key features of this property?
This property features: - Strong corporate guaranty backing the single-tenant property.; - Excellent 8.00% cap rate with a $103,584 annual net operating income.; - 15-year NNN lease with approximately six years remaining and no landlord responsibilities.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message