Medical Office and Surgery
For Sale
Contact for pricing
Pending
15 Lowell Street, Portland, ME 04102
Fee-simple ownership of a fully leased medical office building with an ambulatory surgery center.
Property SizeContact for details
Days on Market42
Property Features for 15 Lowell Street
General Information
Standard status
Pending
Property subtype
Office
Listing Agency:
Northmarq - Tulsa
Listed By:
Jeffrey Matulis · License #OK 148554
Source:
Crexi
Added: Jul 21
Changed: Aug 14
Last Checked: Aug 29 at 6:10PM
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 Northmarq - Tulsa
Investment Insights
Based on property information with market context.
Stan Johnson Company is pleased to exclusively offer for sale a medical office building and ambulatory surgery center, comprising a 34,000-square-foot facility on an approximately 1.2-acre plot. The property is 100% leased by Maine Eye Center, P.A., and includes fee-simple ownership rights to the building.
The facility is centrally located within a medical epicenter and provides immediate access to I-295, with downtown Portland and Portland Harbor minutes away. Within a half-mile are two major hospitals: Maine Medical Center and Mercy Hospital.
The lease has fourteen (14) years remaining on a fifteen (15) year base term, with four (4), five (5) year renewal options. Rental increases are 2.0% annually, and the expense structure is described as rare and absolute NNN, indicating no landlord responsibilities under the offering materials.
The facility is centrally located within a medical epicenter and provides immediate access to I-295, with downtown Portland and Portland Harbor minutes away. Within a half-mile are two major hospitals: Maine Medical Center and Mercy Hospital.
The lease has fourteen (14) years remaining on a fifteen (15) year base term, with four (4), five (5) year renewal options. Rental increases are 2.0% annually, and the expense structure is described as rare and absolute NNN, indicating no landlord responsibilities under the offering materials.
Key Highlights
- 34,000 SF medical office building and ambulatory surgery center at 15 Lowell St, Portland, ME
- Fee‑simple ownership of an approximately 1.2‑acre plot
- 100% leased by Maine Eye Center, P.A.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,326
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 04102, ME
18,002
Population
8,633
Households
2.1
Avg Household Size
38
Median Age
62%
College-Educated
96%
High-School Grad
6.0 sq mi
ZIP Area
3,000
Density / Sq Mi
$79,631
Median Household Income
$47,898
Median Earnings
$1,435
Median Rent
$464,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fee-simple ownership of a fully leased medical office building with an ambulatory surgery center.
Where is this medical office space located?
The property is located at 15 Lowell Street Portland, ME.
What are key features of this property?
This property features: 34,000 SF medical office building and ambulatory surgery center at 15 Lowell St, Portland, ME; Fee‑simple ownership of an approximately 1.2‑acre plot; 100% leased by Maine Eye Center, P.A.
