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Triple Net Walgreens Retail Building
For Sale
$7,190,000

210 Main Street, Waterville, ME 04901

2009-built Walgreens on a triple net lease with over four years remaining and six renewal options.

Property Size14,673 SF
Lot Size2.23 Acres
Price / SF$490.02
Days on Market109

Property Features for 210 Main Street

General Information

Standard status Active
Size 14,673 SF
Lot size 2.23 Acres
Zoning C

Taxes and HOA fees

Annual Taxes $34,145

Building Details

Year Built 2009
Listing Agency: CORE
Listed By: Melanie Graham · License #SA927061
Source: Goldfinchmaine.idxbroker
Added: May 8 Changed: Aug 23 Last Checked: Aug 24 at 3:08AM

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 CORE

Investment Insights

Based on property information with market context.

This corporate-backed Walgreens property is offered for sale as a triple net lease investment. The 14,673 SF building was constructed in 2009 and sits on a 2.23-acre parcel. The lease has over four years remaining and includes six 5-year renewal options, with scheduled rent increases during the option periods.

The property is located at 210 Main Street in Waterville, Maine. The listing highlights Waterville as a hub in Central Maine supported by recent investments and revitalization efforts, along with growing healthcare and education sectors.

The tenant is a nationally recognized pharmacy brand, and the current annual rent is $718,391, providing the basis for stable net lease cash flow under the existing terms.

Key Highlights

  • Walgreens building built in 2009 on a 2.23‑acre parcel in Waterville, Maine
  • 14,673 SF Walgreens on a triple net lease with over four years remaining
  • Lease includes six 5‑year renewal options

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store COVID-19 Drive-Thru Testing ... Pharmacy Walgreens Pharmacy higi Physician FedEx OnSite Postal Service

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Locksmith HVAC Service Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

958
Businesses Nearby
73k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 37% Apparel 10% Home Improvements & Furnishings 1%
Dollar Tree Shops & Services
17,237 visits/mo 0.2 miles
Burger King Dining
15,546 visits/mo 0.2 miles
Mobil Shops & Services
10,194 visits/mo 0.2 miles
Dunkin' Donuts Dining
8,626 visits/mo 0.2 miles
Goodwill Apparel
7,194 visits/mo 0.3 miles

Demographics for 04901, ME

26,491
Population
12,084
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
78.8 sq mi
ZIP Area
336
Density / Sq Mi
$54,122
Median Household Income
$33,623
Median Earnings
$957
Median Rent
$188,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Ex Machina Supplements & Nutrition 59 Main St, Waterville, ME 04901
  • Walgreens Pharmacy 210 Main St, Waterville, ME 04901
  • Prafull Kore 210 Main St, Waterville, ME 049016116
  • Paula Fuller 210 Main St, Waterville, ME 049016116
  • Michael Waldron 210 Main St, Waterville, ME 049016116

Frequently Asked Questions

What type of property is this?
Drug store - 2009-built Walgreens on a triple net lease with over four years remaining and six renewal options.
Where is this drug store located?
The property is located at 210 Main Street Waterville, ME.
What is the asking price?
The asking price for this property is $7,190,000.
What are key features of this property?
This property features: Walgreens building built in 2009 on a 2.23‑acre parcel in Waterville, Maine; 14,673 SF Walgreens on a triple net lease with over four years remaining; Lease includes six 5‑year renewal options
More about this property
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