Ground Lease Retail
For Lease
Contact for pricing
299 Elm St, Biddeford, ME 04005
0.4+/- acre outparcel with a former 2,500+ SF drive-thru building to be renovated or cleared for new construction.
Space SizeContact for details
Property Size2,456 SF
Lot Size0.40 Acres
Days on Market736
Property Features for 299 Elm St
General Information
Standard status
Active
Size
2,456 SF
Lot size
0.40 Acres
Property subtype
RETAIL
Lease Type
SF/yr
Site & Location
Traffic Count
12,420 vehicles/day
Highway Access
Yes
Road Access
Yes
Spaces For Lease
at 299 Elm St Contact usRetail Outparcel For Lease $60,000/Yr
Contact us
Listing Agency:
Malone Commercial Brokers
(207) 358-7028
Listed By:
Mike Anderson · License #918812
(207) 358-7028
Source:
Moodyscre
Added: Aug 1, 2024
Changed: Jul 26
Last Checked: Aug 2 at 8:51AM
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 Malone Commercial Brokers
Investment Insights
Based on property information with market context.
This ground lease opportunity is a 0.4+/- acre outparcel that includes a former 2,500+/- SF building with a drive-thru. The existing structure is described as suitable for renovation or clearance, with the site positioned for a new building to be developed.
The property would be a strong retail positioning option as it can join Hannaford at a highly visible location along Route 1. Reported traffic counts are 12,420+/- cars per day (AADT, 2022).
Interested parties should confirm site details and development requirements directly with the landlord, given the stated plan to renovate the existing building or clear it for new construction.
The property would be a strong retail positioning option as it can join Hannaford at a highly visible location along Route 1. Reported traffic counts are 12,420+/- cars per day (AADT, 2022).
Interested parties should confirm site details and development requirements directly with the landlord, given the stated plan to renovate the existing building or clear it for new construction.
Key Highlights
- 0.4+/- acre outparcel with a former 2,500+/- SF drive‑thru building
- Building is available to be renovated or cleared for new construction
- Location along Route 1 next to Hannaford at a highly visible site
Property Analytics
Current Use
Lease Details
12,420 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
707
Businesses Nearby
103k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Groceries 29%
Shops & Services 8%
Home Improvements & Furnishings 1%
Hannaford
Groceries
30,206 visits/mo
0.2 miles
McDonald's
Dining
25,415 visits/mo
0.4 miles
Burger King
Dining
18,059 visits/mo
0.4 miles
Starbucks
Dining
14,664 visits/mo
0.5 miles
Family Dollar
Shops & Services
8,367 visits/mo
0.1 miles
Demographics for 04005, ME
24,581
Population
11,001
Households
2.2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
47.9 sq mi
ZIP Area
513
Density / Sq Mi
$71,268
Median Household Income
$39,176
Median Earnings
$1,186
Median Rent
$351,700
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?
Retail space - 0.4+/- acre outparcel with a former 2,500+ SF drive-thru building to be renovated or cleared for new construction.
Where is this retail space located?
The property is located at 299 Elm St Biddeford, ME.
What is the lease rate?
The lease rate is $60,000.
What are key features of this property?
This property features: 0.4+/- acre outparcel with a former 2,500+/- SF drive‑thru building; Building is available to be renovated or cleared for new construction; Location along Route 1 next to Hannaford at a highly visible site
