Building Details

Year Built 1980

Listing Agency: The Boulos Company Portland

Listed By: Nicholas Lucas · License #ME BR925806

Source: Crexi

Added: Aug 12, 2024 Changed: Jul 10 Last Checked: Jul 30 at 2:57PM

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Investment Insights

Based on property information with market context.

This property offers approximately 40,000 square feet of Class A industrial/warehouse space situated on approximately 10.74 acres. The space features four loading docks and three overhead doors. The interior provides a clear ceiling height ranging from 24 to 27 feet. The property is located on Belgrade Road, also known as Route 11.

Key Highlights

• 40,000± SF of Class A industrial/warehouse space
• Located on Belgrade Road/Route 11
• 10.74± acre lot

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Auto Parts Store Garden Center Real Estate Agency Nursing Home Travel Agency

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

$1.28 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 04963, ME

7,358

Population

4,279

Households

1.7

Avg Household Size

45

Median Age

24%

College-Educated

95%

High-School Grad

51.1 sq mi

ZIP Area

144

Density / Sq Mi

$73,611

Median Household Income

$49,913

Median Earnings

$885

Median Rent

$228,200

Median Home Value

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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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - 40,000± SF Class A industrial/warehouse space for lease.

Where is this warehouse located?

The property is located at 534 Belgrade Rd Oakland, ME.

What is the lease rate?

The lease rate is $8.50 SF/Yr.

What are key features of this property?

This property features: 40,000± SF of Class A industrial/warehouse space; Located on Belgrade Road/Route 11; 10.74± acre lot