Absolute NNN Retail
For Sale
$3,500,000
1237 Roosevelt Trail, Raymond, ME 04071
Corporate lease structure assigns taxes, insurance, and maintenance responsibilities to the tenant.
Property Size3,566 SF
Price / SF$981.49
Days on Market13
Property Features for 1237 Roosevelt Trail
General Information
Standard status
Active
Size
3,566 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
EXP Realty
Listed By:
Edward Herczeg
(603) 433-3350
Source:
Greatislandrealty
Added: Jul 30
Changed: Aug 9
Last Checked: Aug 10 at 4:34AM
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 EXP Realty
Investment Insights
Based on property information with market context.
This absolute NNN property is occupied under a corporate lease with an S&P BBB-rated tenant associated with an established convenience and gas brand operating more than 14,800 locations globally. The lease is in its first five-year extension, with three years remaining in the current option period and two additional five-year renewal options available. Contractual rent increases of 5% apply at each extension.
The property is positioned on Route 302 in Raymond, Maine, within a year-round recreational area near Sebago Lake. The location is approximately 20 miles from the Portland-South Portland metropolitan area and 130 miles north of Boston. Seasonal visitor activity is noted during both summer and winter travel periods.
The property is positioned on Route 302 in Raymond, Maine, within a year-round recreational area near Sebago Lake. The location is approximately 20 miles from the Portland-South Portland metropolitan area and 130 miles north of Boston. Seasonal visitor activity is noted during both summer and winter travel periods.
Key Highlights
- Absolute NNN lease places taxes, insurance, and maintenance obligations with the tenant
- S&P BBB‑rated tenant associated with a convenience and gas brand
- Brand operates 14,800+ global locations
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 49%
Dunkin' Donuts
Dining
7,097 visits/mo
0.1 miles
Circle K
Shops & Services
6,166 visits/mo
0.1 miles
Aroma Joe's
Dining
5,681 visits/mo
0.2 miles
Family Dollar
Shops & Services
5,635 visits/mo
0.1 miles
Tire Warehouse
Shops & Services
601 visits/mo
0.2 miles
Demographics for 04071, ME
4,915
Population
4,004
Households
1.2
Avg Household Size
49
Median Age
50%
College-Educated
100%
High-School Grad
37.0 sq mi
ZIP Area
133
Density / Sq Mi
$86,932
Median Household Income
$60,200
Median Earnings
$1,385
Median Rent
$368,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate lease structure assigns taxes, insurance, and maintenance responsibilities to the tenant.
Where is this nnn property located?
The property is located at 1237 Roosevelt Trail Raymond, ME.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Absolute NNN lease places taxes, insurance, and maintenance obligations with the tenant; S&P BBB‑rated tenant associated with a convenience and gas brand; Brand operates 14,800+ global locations
