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    151 Maple St Cornish, ME 04020

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    For Sale
    $1,176,471

    10,053 SF Walgreens NN asset with below market rent.

    Property size:
    10,053 SF
    Lot size:
    2.65 Acres

    Property Features for 151 Maple St

    General Information

    Size
    10,053 SF
    Lot size
    2.65 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Jack Liberatore

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

    Overview

    Walgreens NN Asset For Sale

    This 10,053 SF Walgreens asset is available for sale. The property is located at 151 Maple St in Cornish, ME. The double net (NN) lease structure has over five years remaining with a below market rent. The tenant is Walgreens Boots Alliance (NASDAQ: WBA), a Fortune 500 company with over 8,500 locations nationwide. The property is the only national chain pharmacy within 20 miles. It is strategically placed on a 3.35 acre lot with visibility and accessibility. Nearby tenants include a Shop N’ Save anchored center, Subway, Dunkin’ Donuts, Fairgrounds Sports Bar & Grill, and Carquest Auto Parts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Walgreens Drug Store Walgreens Pharmacy Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy Western Union Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Call's Shop'n Save, Walgreens Pharmacy, COVID-19 Drive-Thru Testing at Walgreens, Christine Hare, Michael Coppi

    Location Insight

    • Map
    • Local Demand
    City
    Cornish
    County
    York
    State
    Maine
    Longitude
    -70.8186445
    Latitude
    43.8047719

    Nearby Similar for Sale

    • $383,000
      2,350 SF

      Two-Family Residence with Commercial Zoning

      Charming 1890 two-family residence with commercial zoning in Cornish, Maine.
      96 Maple St, Cornish, ME 04020
      View Details
    • $475,000
      4,356 SF

      Historic Commercial Space on Main

      Unique commercial space with historic charm and high-traffic location.
      20 Main St, Cornish, ME 04020
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    FAQs

    What type of property is this?
    Drug store - 10,053 SF Walgreens NN asset with below market rent.
    Where is this drug store located?
    The property is located at 151 Maple St Cornish, ME.
    What is the asking price?
    The asking price for this property is $1,176,471.
    What are key features of this property?
    This property features: - Secure investment with over five years remaining on a Double Net (NN) lease.; - Below market rent Walgreens provides additional security.; - National tenant Walgreens Boots Alliance (NASDAQ: WBA), a Fortune 500 company.
    (844) 474-4666
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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
    151 Maple St Cornish, ME 04020
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